PP&L Resources, Inc., announced Monday (8/3) that it will not report its second-quarter earnings Tuesday (8/4) as planned.
John Biggar, senior vice president-Financial, said the earnings report is being delayed due to the ongoing settlement discussions with the state Public Utility Commission and other parties to the company's restructuring case. He said the company now plans to report second-quarter earnings by Aug. 14.
The company had previously said that it was delaying its earnings report from the regularly scheduled July 24 announcement date.
PUC Chairman John Quain convened settlement talks in the PP&L, Inc., restructuring case the day after the company filed an appeal and two court challenges to the commission's final order. Those settlement discussions are continuing, Biggar said.