PPL Corporation (PPL) (NYSE: PPL) on Thursday (8/3) announced second-quarter 2017 reported earnings (GAAP) of $292 million, or $0.43 per share, a decrease from second-quarter 2016 reported earnings of $483 million, or $0.71 per share.
Reported earnings for the first six months of 2017 were $695 million, or $1.01 per share, a decrease from $964 million, or $1.41 per share, for the first six months of 2016.
Adjusting for special items, second-quarter 2017 earnings from ongoing operations (non-GAAP) were $356 million, or $0.52 per share, compared with $380 million, or $0.56 per share, a year ago. This decrease was driven primarily by expected lower foreign currency exchange rates.
