PPL (PPL) Revenue — Quarter Ended Mar 31, 2024
PPL Corporation's revenue for the quarter rose compared to the prior quarter but declined from the same period a year earlier. The sequential improvement was countered by a year-over-year decrease.
Key takeaway
Quarter ended Mar 31, 2024 · FY2022 Q3
PPL Corporation's revenue for the quarter rose compared to the prior quarter but declined from the same period a year earlier. The sequential improvement was countered by a year-over-year decrease.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.3B
Revenue reported for this quarter.
Quarter-over-quarter
+16.1%
Change from the immediately preceding quarter.
Year-over-year
-5.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.1B
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, 2023 | $1.8B | +10.4% |
| Sep 30, 2023 | $2B | -6.4% |
| Dec 31, 2023 | $2B | -10.3% |
| Mar 31, 2024 | $2.3B | -5.9% |
Revenue performance
The reported revenue direction was mixed, with sequential growth against an annual decline.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Compared with the same quarter one year ago, revenue was lower.
What to watch
Ongoing regulatory developments related to particulate matter standards could pose operational considerations for certain generating stations.