Evergy falls after missing Q4 profit estimates

Evergy

27/02/2025 16:56

** Shares of utility firm Evergy EVRG.O down 1.2% at $68.26

** Company misses Q4 profit due to higher operating and interest expenses

** EVRG reports Q4 adj. profit of 35 cents per share, missing est. of 37 cents - data compiled by LSEG

** Company's total operating expenses rose 2.8% to $1.04 billion in Q4 from a year earlier

     ** EVRG increased its capital expenditure plan from 2025 to 2029 by 8% to $17.5 billion while maintaining 4%-6% adj. EPS growth rate through 2029

     ** Including session's move, EVRG up 11% YTD

 (Reporting by Katha Kalia)

 ((katha.kalia@thomsonreuters.com))