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United Kingdom

PPL Corp (PPL.N)

PPL.N on New York Stock Exchange

28.00USD
23 Jul 2018
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Latest Key Developments (Source: Significant Developments)

PPL Corp Announces Public Offering Of Common Stock With A Forward Component
Tuesday, 8 May 2018 

May 8 (Reuters) - PPL Corp ::PPL CORPORATION ANNOUNCES PUBLIC OFFERING OF COMMON STOCK WITH A FORWARD COMPONENT.PPL CORP - COMMENCED A REGISTERED UNDERWRITTEN OFFERING OF 55 MILLION SHARES OF ITS COMMON STOCK.  Full Article

PPL Corp Says Expects 2017 Ongoing EPS $2.10 To $2.25
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - PPL Corp ::SAYS TO REITERATE 2017 REPORTED EARNINGS PER SHARE FORECAST OF $1.93 TO $2.08 - SEC FILING.CONTINUED EXPECTATION OF COMPOUND ANNUAL EARNINGS PER SHARE GROWTH RATE OF 5% TO 6% THROUGH 2020 - SEC FILING​.SEES 2017 ONGOING EARNINGS PER SHARE $2.10 TO $2.25, WITH MIDPOINT OF $2.18.FY2017 EARNINGS PER SHARE VIEW $2.18 -- THOMSON REUTERS I/B/E/S.  Full Article

PPL Corp Says ‍Expects To Reiterate Its 2017 Forecast Of Reported Earnings Of $1.93 To $2.08 Per Share ​
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - PPL Corp ::SAYS ‍EXPECTS TO REITERATE ITS 2017 FORECAST OF REPORTED EARNINGS OF $1.93 TO $2.08 PER SHARE - SEC FILING ​.- ‍EXPECTS TO REITERATE ITS 2017 INCREASED FORECAST OF ONGOING EARNINGS OF $2.10 TO $2.25 PER SHARE WITH A MIDPOINT OF $2.18 PER SHARE​.- ‍EXPECTS TO REAFFIRM COMPOUND ANNUAL EARNINGS PER SHARE GROWTH RATE OF 5% TO 6% THROUGH 2020.FY2017 EARNINGS PER SHARE VIEW $2.17 -- THOMSON REUTERS I/B/E/S.  Full Article

Louisville Gas & Electric ratifies new 3-year labor agreement
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Louisville Gas & Electric::Says on Nov 9, new 3-year labor agreement between co, International Brotherhood Of Electrical Workers Local 2100 ratified.Says agreement includes wage increase of 3 percent in first year & increases in subsequent years of 2.5 percent each.Says labor agreement ratified by members of Local 2100​ - SEC filing.Says agreement became effective November 11, 2017 and will run through November 10, 2020.Says LG&E and Local 2100 reached a tentative agreement on November 7th, which was then submitted to union members for a vote.  Full Article

PPL Corp expects to reiterate 2017 forecast of reported earnings
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Ppl Corp :Says expects to reiterate 2017 forecast of reported earnings of $1.93 to $2.08 per share, reflecting special items recorded through Q3 2017‍​.Says expects to reiterate 2017 increased forecast of ongoing earnings of $2.10 to $2.25 per share - SEC filing.  Full Article

PPL Corporation reports Q3 GAAP SHR $0.51
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Ppl Corp ::PPL Corporation reports third-quarter earnings.Q3 GAAP earnings per share $0.51.Q3 earnings per share from ongoing operations $0.56 .Q3 adjusted earnings per share $0.56.Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $1.93 to $2.08.Sees FY 2017 earnings per share $2.10 to $2.25 from continuing operations.Q3 adjusted NON-GAAP earnings per share $0.56 from continuing operations.FY2017 earnings per share view $2.16, revenue view $7.52 billion -- Thomson Reuters I/B/E/S.Reaffirmed expectations for 5 to 6 percent compound annual earnings growth per share from 2017 through 2020​.Continues to target dividend growth of about 4 percent a year through 2020​.Qtrly operating revenues $1,845 million versus $1,889‍​ million.Q3 revenue view $2.02 billion -- Thomson Reuters I/B/E/S.Company plans to invest more than $16 billion in its energy infrastructure through 2021​.As a result of stronger than expected earnings in U.K., co is raising midpoint of 2017 ongoing earnings guidance​.  Full Article

PPL Corp enters deal to offer $500 mln of 4.000 pct senior notes due 2047
Friday, 8 Sep 2017 

Sept 8 (Reuters) - PPL Corp ::PPL Capital Funding, PPL Corp entered underwriting deal to offering and sale by PPL Capital Funding of $500 million of 4.000% senior notes due 2047.  Full Article

PPL Corp sets quarterly dividend of $0.38 per share
Friday, 26 Aug 2016 

Ppl Corp :PPL Corp says declared a quarterly common stock dividend of $0.38 per share, payable on Oct. 3.  Full Article

PPL expects to reiterate 2016 forecast of reported earnings
Thursday, 11 Aug 2016 

PPL Corp : Expects to reiterate its 2016 forecast of reported earnings of $2.43 to $2.63 per share . Expects to reiterate 2017 earnings forecast of $2.05 to $2.25 per share with a midpoint of $2.15 per share . Expects to reiterate 2016 forecast of ongoing earnings of $2.25 to $2.45 per share . Fy2017 earnings per share view $2.28 -- Thomson Reuters I/B/E/S . Sees compound annual earnings per share growth rate of 5% to 6% from 2017 to 2020 .Fy2016 earnings per share view $2.34 -- Thomson Reuters I/B/E/S.  Full Article

PPL Corp reports Q2 GAAP earnings per share $0.71
Tuesday, 9 Aug 2016 

PPL Corp : Q2 earnings per share view $0.53 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $2.05 to $2.25 . Q2 adjusted non-GAAP earnings per share $0.56 from continuing operations . Reports second-quarter earnings . Q2 GAAP earnings per share $0.71 . Sees FY 2016 earnings per share $2.43 to $2.63 . Q2 adjusted earnings per share $0.56 . Reaffirms 2016 earnings guidance . Declines in exchange rate since June 23 vote drove ppl's existing foreign currency hedges to be about $450 million in money . Company recently settled its 2017 and 2018 foreign currency hedges, capturing approximately $310 million in value . Remaining 2016 foreign currency exposure for U.K. regulated segment is 87 percent hedged at an average rate of $1.60 per pound . Now targeting dividend growth of about 4 percent annually through end of decade . Growth plans include investing more than $15 billion in infrastructure improvements from 2016 through 2020 . Company has updated its earnings projection from prior long-term forecast to reflect current market conditions and currency impacts of U.K. Vote . Qtrly operating revenue $1,785 million versus $1,781 million . Q2 earnings per share view $0.53, revenue view $1.80 billion -- Thomson Reuters I/B/E/S . Forex gains, in addition to higher than expected gains on remaining 2016 hedges, will offset lower expected cash repatriation amounts from U.K..  Full Article

BRIEF-PPL Corp Announces Pricing Of Common Stock Offering With A Forward Component

* ORATION ANNOUNCES PRICING OF COMMON STOCK OFFERING WITH A FORWARD COMPONENT