PPL Corporation (NYSE:PPL) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
Beginning January 10 through January 16, 2019, members of PPL Corporation’s (the “Company”) senior management will be meeting with analysts and investors to discuss the Company’s corporate strategy and general business outlook. At these meetings, the Company is expected to reaffirm its previously announced 2018 earnings forecast of $2.43 to $2.53 per share, reflecting special items recorded through the third quarter of 2018, and ongoing earnings forecast of $2.30 to $2.40 per share, with a midpoint of $2.35 per share. The Company also expects to reaffirm its compound annual earnings per share growth rate of 5% to 6% through 2020, measured against its original 2018 ongoing earnings forecast midpoint of $2.30 per share.
About PPL Corporation (NYSE:PPL)
PPL Corporation (PPL) is a utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky, and generates electricity from power plants in Kentucky. It operates through three segments: U.K. Regulated Segment, Kentucky Regulated Segment and Pennsylvania Regulated Segment. The U.K. Regulated Segment comprises PPL Global, which includes PPL WPD Limited and its subsidiaries’ regulated electricity distribution operations, among others. The Kentucky Regulated segment consists of the operations of LG&E and KU Energy LLC, a subsidiary of PPL, which owns and operates regulated public utilities engaged in the generation, transmission, distribution and sale of electricity and distribution and sale of natural gas. The Pennsylvania Regulated segment consists of the operations of PPL Electric Utilities Corporation, which distributes and transmits electricity.
