Evergy Inc reports results for the quarter ended in December - Earnings Summary

Evergy

29/02/2024 14:33

* Evergy Inc  EVRG.OQ  reported quarterly adjusted earnings
of 27
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 30
cents.  The mean expectation of seven analysts for the quarter
was for earnings of 28 cents per share. Wall Street expected
results to range from 26 cents to 32 cents per share.
    * Revenue fell 7.2% to $1.19 billion from a year ago;
analysts
expected $1.46 billion. 
    * Evergy Inc's reported EPS for the quarter was 25 cents​.
    * The company reported quarterly net income of $58 million.
    * Evergy Inc shares had fallen by 4.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Evergy Inc
is
$53.00 

This summary was machine generated from LSEG data February 29 at
02:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.28           0.27           Missed
 Sep. 30 2023      1.84           1.88           Beat
 Jun. 30 2023      0.78           0.81           Beat
 Mar. 31 2023      0.58           0.59           Beat