ALLENTOWN, Pa. (AP) — ALLENTOWN, Pa. (AP) — PPL Corp. (PPL) on Friday reported profit of $113 million in its fourth quarter.
On a per-share basis, the Allentown, Pennsylvania-based company said it had net income of 15 cents. Earnings, adjusted for non-recurring costs, came to 40 cents per share.
The energy and utility holding company posted revenue of $2.03 billion in the period.
For the year, the company reported profit of $740 million, or $1 per share. Revenue was reported as $8.31 billion.
PPL expects full-year earnings to be $1.63 to $1.75 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PPL at https://www.zacks.com/ap/PPL