PPL earnings history

PPL FY2026 Q1 · Calendar Q2 2026

PPL Corporation

PPL Corporation's Q1 2026 results reinforce the profile of a regulated utility leveraging surging data-center electricity demand to drive above-average earnings growth. The company beat consensus on both EPS and revenue while reaffirming its 2026 guidance and $23 billion capital plan. The data-center pipeline expanded from roughly 25 GW to 28.3 GW quarter-over-quarter, underpinning at least $500 million in incremental transmission investment. New clean-energy partnerships with Rye Development for a 266 MW pumped-storage hydro facility and X-energy for small modular reactors add long-term generation optionality in Kentucky. A favorable Pennsylvania rate settlement resolved a key regulatory overhang. Despite these operational positives, the market reacted negatively, with the stock declining 3.2% on an abnormal basis and continuing to drift lower, suggesting investors are weighing…