NYSE$PPL
PPL Corp · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported earnings for Q2 2020, reaffirming 2020 earnings forecast and withdrawing 2021 guidance due to the announced sale of the U.K. business.
PPL Corporation announced second-quarter 2020 reported earnings (GAAP) of $344 million, or $0.45 per share, compared with second-quarter 2019 reported earnings of $441 million, or $0.60 per share. Adjusting for special items, second-quarter 2020 earnings from ongoing operations (non-GAAP) were $427 million, or $0.55 per share, compared to $422 million, or $0.58 per share, a year ago. The company reaffirmed its 2020 guidance range of $2.40 to $2.60 per share and withdrew its financial guidance for 2021.
- Second-quarter reported earnings were $0.45 per share, and earnings from ongoing operations were $0.55 per share.
- The company reaffirmed its 2020 earnings from ongoing operations forecast range of $2.40 to $2.60 per share.
- Guidance for 2021 was withdrawn due to the announced process to sell the U.K. business.
- PPL Electric Utilities restored power to all 70,000 affected customers within 48 hours following Tropical Storm Isaias.
Headline financials
Revenue & EPS history
PPL · Revenue · Quarterly
$1.74B
Forward guidance
PPL reaffirmed its 2020 earnings from ongoing operations forecast range of $2.40 to $2.60 per share, with results expected to track toward the lower end of the guidance range due to COVID-19 and unfavorable weather impacts in the first half of the year.
Headwinds
- COVID-19 impacts
- Unfavorable weather impacts
- Lower sale volumes in the U.K.
- Incremental costs for labor not chargeable to capital projects
- Impact on outside services, customer payment processing, purchases of personal protective equipment and other safety related actions associated with the COVID-19 pandemic.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.1%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+0.3%
Avg return
30 days after
50%
36 / 72 earnings
Positive
+4.8%
Q2 2020
Best reaction
-4.7%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.6% | -3.3% | -2.8% | |
| Q4 2025 | +1.5% | +3.5% | -1.1% | |
| Q3 2025 | +0.3% | +1.6% | -6.6% | |
| Q1 2025 | +0.3% | -0.3% | -4.5% | |
| Q4 2024 | -0.3% | -0.9% | +1.1% | |
| Q3 2024 | -1.5% | -0.0% | +7.3% | |
| Q2 2024 | -0.9% | +0.6% | +5.3% | |
| Q1 2024 | +1.7% | +2.3% | +6.8% | |
| Q4 2023 | -0.1% | +1.6% | +0.7% | |
| Q3 2023 | +2.7% | +5.0% | +7.2% | |
| Q2 2023 | -2.0% | -1.5% | -7.0% | |
| Q1 2023 | +0.9% | +0.2% | -6.9% | |
| Q4 2022 | -2.2% | -2.6% | -5.7% | |
| Q3 2022 | +0.8% | +0.4% | +9.8% | |
| Q2 2022 | -1.7% | -3.3% | -0.5% | |
| Q1 2022 | +1.2% | -2.1% | +3.3% | |
| Q4 2021 | -4.7% | -7.2% | -5.2% | |
| Q3 2021 | -2.0% | -1.9% | -2.2% | |
| Q2 2021 | +2.8% | +1.7% | +5.8% | |
| Q1 2021 | +1.1% | +1.5% | +0.2% | |
| Q4 2020 | -1.4% | -2.1% | +5.4% | |
| Q3 2020 | -1.1% | +6.5% | +2.5% | |
| Q2 2020 | +4.8% | +7.0% | +2.2% | |
| Q1 2020 | +4.0% | +1.1% | +23.7% | |
| Q4 2019 | -1.0% | -3.3% | -24.4% | |
| Q3 2019 | -0.5% | +0.7% | +2.5% | |
| Q2 2019 | +2.8% | +1.4% | +3.9% | |
| Q1 2019 | +0.4% | -0.4% | -4.3% | |
| Q4 2018 | -1.5% | -0.7% | +5.9% | |
| Q3 2018 | +1.4% | +2.0% | +0.6% | |
| Q2 2018 | -1.6% | -0.7% | +6.5% | |
| Q1 2018 | +0.9% | -4.3% | -6.0% | |
| Q4 2017 | +0.8% | -3.1% | -9.9% | |
| Q3 2017 | -1.8% | -2.8% | -3.4% | |
| Q2 2017 | -0.4% | -0.3% | +0.4% | |
| Q1 2017 | +1.4% | +1.0% | +5.5% | |
| Q4 2016 | +1.3% | +1.1% | +5.3% | |
| Q3 2016 | -1.3% | -0.9% | -3.6% | |
| Q2 2016 | -1.7% | -1.0% | -4.6% | |
| Q1 2016 | +2.1% | — | — | |
| Q4 2015 | -1.4% | — | — | |
| Q3 2015 | +2.9% | — | — | |
| Q2 2015 | -0.9% | — | — | |
| Q1 2015 | +1.6% | — | — | |
| Q4 2014 | -1.7% | — | — | |
| Q3 2014 | +3.6% | — | — | |
| Q2 2014 | +0.0% | — | — | |
| Q1 2014 | +1.4% | — | — | |
| Q4 2013 | +0.8% | — | — | |
| Q3 2013 | -0.1% | — | — | |
| Q2 2013 | +0.5% | — | — | |
| Q1 2013 | -1.6% | — | — | |
| Q4 2012 | -0.2% | — | — | |
| Q3 2012 | +1.3% | — | — | |
| Q2 2012 | +3.7% | — | — | |
| Q1 2012 | +0.4% | — | — | |
| Q4 2011 | -0.6% | — | — | |
| Q3 2011 | -0.3% | — | — | |
| Q2 2011 | -0.6% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q4 2010 | +0.3% | — | — | |
| Q3 2010 | -0.5% | — | — | |
| Q2 2010 | +1.8% | — | — | |
| Q1 2009 | +0.2% | — | — | |
| Q1 2010 | +1.4% | — | — | |
| Q4 2009 | +0.4% | — | — | |
| Q4 2007 | +0.4% | — | — | |
| Q3 2008 | -2.1% | — | — | |
| Q3 2009 | -2.1% | — | — | |
| Q4 2008 | -0.3% | — | — | |
| Q2 2008 | -0.3% | — | — | |
| Q2 2009 | -0.3% | — | — |
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