PPL Corporation (PPL) FY2026 earnings

Reported results

• Third-quarter 2026 reported earnings (GAAP) were $367 million, or $0.49 per share, compared with $318 million, or $0.43 per share, for the third quarter of 2025.
• Third-quarter 2026 earnings from ongoing operations (non-GAAP) were $411 million, or $0.54 per share, compared with $355 million, or $0.48 per share, for the third quarter of 2025.
• Total GAAP operating revenues for the third quarter of 2026 were $2,497 million, compared with $2,239 million for the third quarter of 2025.
• Reported earnings (GAAP) for the first nine months of 2026 were $1.05 billion, or $1.38 per share, compared with $915 million, or $1.23 per share, for the first nine months of 2025.
• Earnings from ongoing operations (non-GAAP) for the first nine months of 2026 were $1.14 billion, or $1.50 per share, compared with $1.04 billion, or $1.40 per share, for the first nine months of 2025.

Guidance

• PPL narrowed its 2026 forecast of earnings from ongoing operations (non-GAAP) to $1.92 to $1.96 per share, with a midpoint of $1.94 per share.
• PPL’s 2026 estimate of reported earnings (GAAP) is $1.80 to $1.84 per share, with a midpoint of $1.82 per share.
• PPL provided a 2027 earnings forecast range of $2.06 to $2.14 per share, with a midpoint of $2.10 per share.
• PPL increased its long-term annual EPS growth target to 7% to 9% through at least 2030 off of the company’s 2026 ongoing earnings forecast midpoint.
• PPL announced a $25 billion capital plan for 2027 to 2030, resulting in average annual rate base growth of 10% over the period.

Price and volatility reaction

The stock moved -0.6% on the print. No front-expiry chain was on file, so there is no straddle expected move.

Source

The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.