More on PPL Q4: Earnings suffer from major charge

PPL (PPL) makes a net loss of $98M vs a profit of $359M a year earlier after taking an after-tax charge of $413M for ending the lease of a power plant in Colstrip in Montana.

Unregulated wholesale energy revenue -48%.

However, PPL experienced higher nuclear generation volume and capacity prices, while expenses and income taxes fell.

PPL expects 2014 EPS of $2.05-2.25, reflecting increased revenue from its three regulated businesses. Consensus is for $2.16. (PR)


From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs