SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 24, 2001
PPL Corporation
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(Exact Name of Registrant as Specified in Its Charter)
Pennsylvania 1-11459 23-2758192
State or other jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
Two North Ninth Street, Allentown, Pennsylvania 18101-1179
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(Address of principal executive offices)
Registrant's Telephone Number, including Area Code: (610) 774-5151
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Item 5. Other Events
On October 24, 2001, PPL Corporation (PPL) issued a press release
announcing third-quarter 2001 earnings of $1.04 per share. PPL also confirmed
that it still forecasts earnings in excess of $4.00 per share for 2001. In
addition, PPL revised its prior earnings forecast for 2002. For 2002, PPL now
forecasts little, if any, change from the level of earnings per share currently
forecast for 2001. The change from the previous 2002 forecast of $4.55 to $4.65
per share is essentially due to the significant decline in wholesale energy
margins, offset by reductions in operating and financing costs. A copy of the
press release is attached as Exhibit 99.1 and is incorporated herein by
reference.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 - Press Release, dated October 24, 2001, regarding
PPL Corporation's earnings for the third quarter
2001, and earnings forecasts for 2001, 2002.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PPL CORPORATION
By: /s/ John R. Biggar
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John R. Biggar
Executive Vice President and
Chief Financial Officer
Dated: October 24, 2001