ALLENTOWN, Pa. (AP) _ PPL Corp. (PPL) on Wednesday reported profit of $119 million in its second quarter.

On a per-share basis, the Allentown, Pennsylvania-based company said it had net income of 16 cents. Earnings, adjusted for non-recurring costs, came to 30 cents per share.

The energy and utility holding company posted revenue of $1.7 billion in the period.

PPL expects full-year earnings in the range of $1.30 to $1.45 per share.

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