WASHINGTON (dpa-AFX) - PPL Corporation (PPL) revealed earnings for fourth
quarter that decreased from the same period last year but beat the Street
estimates.

The company's earnings came in at $113. million, or $0.15 per share. This
compares with $190 million, or $0.26 per share, in last year's fourth quarter.

Excluding items, PPL Corporation reported adjusted earnings of $299 million or
$0.40 per share for the period.

Analysts on average had expected the company to earn $0.38 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 2.9% to $2.03 billion from $2.09
billion last year.

PPL Corporation earnings at a glance (GAAP) :

-Earnings (Q4): $113. Mln. vs. $190 Mln. last year.
-EPS (Q4): $0.15 vs. $0.26 last year.
-Analyst Estimates: $0.38
-Revenue (Q4): $2.03 Bln vs. $2.09 Bln last year.


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