Zacks Investment Research | Nov 04, 2019 11:48PM ET
PPL Corporation (NYSE:PPL) reported third-quarter 2019 earnings per share of 61 cents, which matched the Zacks Consensus Estimate. The figure rose 3% year over year, primarily on strong operational performance from its Kentucky utilities.
On a GAAP basis, the company generated EPS of 65 cents compared with 62 cents in the year-ago quarter. The difference between GAAP and operating earnings stemmed from benefits in the U.K. Regulated segment.
Total Revenues
The company generated revenues worth $1,933 million in the third quarter, which improved 3.3% year over year from the year-ago quarter’s figure of $1,872 million.
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