ALLENTOWN, Pa. (AP) _ PPL Corp. (PPL) on Friday reported third-quarter net income of $174 million.

On a per-share basis, the Allentown, Pennsylvania-based company said it had profit of 24 cents. Earnings, adjusted for non-recurring costs, came to 41 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 41 cents per share.

The energy and utility holding company posted revenue of $2.13 billion in the period.

PPL expects full-year earnings in the range of $1.35 to $1.45 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PPL at https://www.zacks.com/ap/PPL

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