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PPL Corp (PPL) CEO Vincent Sorgi on Q1 2021 Results - Earnings Call Transcript

May 06, 2021 5:03 PM ETPPL Corporation (PPL)2 Comments
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PPL Corp (NYSE:PPL) Q1 2021 Earnings Conference Call May 6, 2021 11:00 AM ET

Company Participants

Andrew Ludwig - VP, IR

Vincent Sorgi - President, CEO & Director

Joseph Bergstein - EVP & CFO

Conference Call Participants

Julien Dumoulin-Smith - Bank of America Merrill Lynch

Paul Patterson - Glenrock Associates

Steven Fleishman - Wolfe Research


Good day, and welcome to the PPL Corporation First quarter Earnings Conference Call. [Operator Instructions].

Please note, this event is being recorded. I would now like to turn the conference over to Andy Ludwig, Vice President of Investor Relations. Please go ahead.

Andrew Ludwig

Thank you. Good morning, everyone, and thank you for joining the PPL conference call on First Quarter 2021 financial results. We have provided slides for this presentation and our earnings release issued this morning on the Investors section of our website. Before we get started, I'll draw your attention to Slide 2 and a brief cautionary statement. Our presentation and earnings release, which we'll discuss during today's call, contain forward-looking statements about future operating results or other future events.

Actual results may differ materially from these forward-looking statements. Please refer to the appendix of this presentation and PPL's SEC filings for a discussion of some of the factors that could cause actual results to differ from the forward-looking statements. We will also refer to non-GAAP measures, including earnings from ongoing operations and adjusted gross margins on this call.

For reconciliations to the comparable GAAP measures, please refer to the appendix. Participating on our call this morning are Vince Sorgi, PPL President and CEO; Joe Bergstein, Chief Financial Officer; Greg Dudkin, Chief Operating Officer; and Paul Thompson, the Head of our Kentucky Utility business. With that, I'll now turn the call over to Vince.

Vincent Sorgi

Thank you, Andy, and good morning, everyone. We appreciate

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