PPL Corporation: Successful Integration of Rhode Island Energy & Other Major Drivers!

PPL Corporation reported its third-quarter 2024 financial results, showing a mixed performance amid ongoing operational initiatives and strategic planning. The company posted GAAP earnings of $0.29 per share, slightly down from $0.31 per share in the same quarter of the previous year. Adjusted for special items, earnings from ongoing operations were $0.42 per share, a decrease of $0.01 compared to the third quarter of 2023. Despite this slight decline, PPL Corporation narrowed its 2024 ongoing earnings forecast to a range of $1.67 to $1.73 per share, raising the midpoint to $1.70 per share, indicating confidence in meeting its full-year financial targets.