PPL Corporation (NYSE:PPL) stock rose Friday after the company reported mixed fourth-quarter fiscal 2025 results.
Earnings Snapshot
Operating revenue came in at $2.27 billion, below the consensus estimate of $2.42 billion.
Electricity sales increased 4.0% year over year, with the Pennsylvania Regulated segment rising 2.6% and the Kentucky Regulated segment up 5.7%.
Operating income rose to $476 million from $377 million in the prior-year quarter.
Adjusted EPS was 41 cents, in line with analyst expectations.
Earnings from ongoing operations in the Kentucky Regulated segment increased by two cents year over year, supported by higher sales volumes and returns on additional capital investments.
In the Pennsylvania Regulated segment, ongoing earnings rose by one cent year over year, reflecting higher transmission revenue from incremental capital investments, improved distribution rider recovery, and lower operating costs.
PPL reported operating cash flow of $2.63 billion for the year.
Dividend Boost
The company raised its quarterly dividend by 4.6% to 28.50 cents per share …