
PPL Corp Delivers $740M Net Income Amid 70% Emissions Cut and Rhode Island Expansion
PPL CorporationDescription
What this story covers
PPL Corporation's 2023 10-K reveals steady net income of 740 million dollars ($1.00/share), up in ongoing operations, with revenues at 8 point 3 billion dollars driven by Rhode Island acquisition. Segments show stability: Kentucky 552 million dollars income, Pennsylvania 519 million dollars, Rhode Island 96 million dollars profit. Committed to net-zero by 2050, 70 percent emissions reduction since 2010. 2 point 4 billion dollars capex supports 6-8 percent EPS growth, strong liquidity with investment-grade ratings and reliable dividends.
Story snapshot
CompanyPPL Corporation
TickerPPL
VariantStandard detailed
Duration19:18
Filing type10-K
PeriodAnnual 2023
IndustryUtilities
Accession0000922224-24-000008
Full Story Script
Content not available for this story.