Earnings Releases·Nov 6, 2026, 7:51 AM ET

PPL Corporation — Third Quarter 2026 Earnings Summary

Reported Q3 2026 GAAP earnings of $0.49 per share and non-GAAP earnings from ongoing operations of $0.54 per share, both up 16% and 13% respectively from Q3 2025; year-to-date non-GAAP earnings rose 9% to $1.50 per share.
Narrowed 2026 ongoing earnings guidance to $1.92–$1.96 per share (midpoint $1.94) and introduced 2027 guidance of $2.06–$2.14 per share, reflecting an 8.2% increase over the 2026 midpoint.
Raised long-term annual EPS growth target to 7%–9% through 2030 and announced a $25 billion capital plan for 2027–2030, a $2 billion increase targeting 10% average annual rate base growth.
Secured a 20-year agreement with QTS for approximately 2 GW of generation capacity for the Salem Township data center, contributing to a Pennsylvania data center pipeline of 35.3 GW and representing $6 billion to $9 billion in potential future investment.
Segment results showed growth in Kentucky (+$0.05 EPS) and Pennsylvania (+$0.04 EPS) driven by new rate effective dates, while Rhode Island reported a $0.04 EPS decline due to higher operating costs and depreciation offsetting new rates.