ALLENTOWN, Pa. (AP) \u2014 ALLENTOWN, Pa. (AP) \u2014 PPL Corp. (PPL) on Friday reported fourth-quarter earnings of $266 million. On\u2026<\/p>\n
ALLENTOWN, Pa. (AP) \u2014 ALLENTOWN, Pa. (AP) \u2014 PPL Corp. (PPL) on Friday reported fourth-quarter earnings of $266 million.<\/p>\n
On a per-share basis, the Allentown, Pennsylvania-based company said it had net income of 36 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 41 cents per share.<\/p>\n
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.<\/p>\n
The energy and utility holding company posted revenue of $2.27 billion in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $2.34 billion.<\/p>\n
For the year, the company reported profit of $1.18 billion, or $1.59 per share. Revenue was reported as $9.04 billion.<\/p>\n
PPL expects full-year earnings to be $1.90 to $1.98 per share.<\/p>\n
_____<\/p>\n
This story was generated by Automated Insights<\/a> (http:\/\/automatedinsights.com\/ap) using data from Zacks Investment Research. Access a Zacks stock report on PPL<\/a> at https:\/\/www.zacks.com\/ap\/PPL<\/p>\n Copyright
\n \u00a9\u00a02026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.<\/p>\n","protected":false},"excerpt":{"rendered":"ALLENTOWN, Pa. (AP) \u2014 ALLENTOWN, Pa. (AP) \u2014 PPL Corp. (PPL) on Friday reported fourth-quarter earnings of $266…\n","protected":false},"author":2,"featured_media":11835,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[119,121,120],"class_list":["post-119031","post","type-post","status-publish","format-standard","has-post-thumbnail","category-allentown","tag-allentown","tag-allentown-headlines","tag-allentown-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/119031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=119031"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/119031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/11835"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=119031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=119031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=119031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}