PPL (PPL) Revenue — Quarter Ended Mar 31, 2023
Revenue increased during the quarter. The growth was evident compared to both the prior quarter and the same period last year.
Key takeaway
Quarter ended Mar 31, 2023 · FY2022 Q3
Revenue increased during the quarter. The growth was evident compared to both the prior quarter and the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4B
Revenue reported for this quarter.
Quarter-over-quarter
+10.7%
Change from the immediately preceding quarter.
Year-over-year
+40.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $1.7B | +8.1% |
| Sep 30, 2022 | $2.2B | +42.6% |
| Dec 31, 2022 | $2.2B | +48.1% |
| Mar 31, 2023 | $2.4B | +40.0% |
Revenue performance
The quarter's revenue improved from the immediately preceding quarter and also showed a notable increase from the comparable quarter one year earlier.
Quarterly comparison
The filing contains discussions on regulatory developments, including revisions to the Cross-State Air Pollution Rule and the Good Neighbor Plan, as well as environmental compliance matters.
What to watch
The resolution of pending legal challenges and the implementation timeline for emission controls are factors to observe.