08:25 AM EDT, 05/01/2024 (MT Newswires) -- PPL (PPL) reported Q1 adjusted earnings from ongoing operations Wednesday of $0.54 per diluted, up from $0.48 a year earlier.

Analysts polled by Capital IQ expected $0.50.

Operating revenue for the quarter ended March 31 was $2.30 billion, down from $2.42 billion a year earlier.

Two analysts polled by Capital IQ expected $2.16 billion.

The energy company said it continues to expect 2024 ongoing earnings of $1.63 to $1.75 per share. Analysts surveyed by Capital IQ expect $1.70.