PPL (PPL) said late Tuesday in a regulatory filing that the recent Federal Energy Regulatory Commission Opinion No. 594, establishing a new return on equity methodology for New England transmission owners, will not materially affect its operations.
Despite the decision, PPL reaffirmed its 2026 earnings guidance of $1.90 to $1.98 per share and 6% to 8% annual EPS growth, expecting compound growth near the top of the range through 2029. Analysts polled by FactSet expected $1.95.
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