PPL Corporation Reports Q3 2026 Earnings and Raises Long-Term EPS Growth Targets
PPL Corporation (PPL) reported third-quarter earnings with an ongoing EPS of $0.54 per share, driven by higher sales volumes and rate recoveries across its three primary jurisdictions. The company's net income rose to $367 million, up from $318 million in the prior year period, supported by timely capital investment recoveries. The utility provider announced an ambitious long-term growth strategy, raising its EPS growth target to 7%–9% through 2030. This expansion is fueled by a massive data center and load pipeline, particularly in Pennsylvania and Kentucky. PPL plans to invest $25 billion between 2027 and 2030, including significant projects like the Invitium-QTS generation capacity in Pennsylvania to serve growing data center demand.