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

Evergy

10/05/2024 12:06

* Evergy Inc  EVRG.OQ  reported quarterly adjusted earnings
of 53
cents​​ per share for the quarter ended in January, lower than
the same quarter last year, when the company reported EPS of 59
cents.  The mean expectation of seven analysts for the quarter
was for earnings of 64 cents per share. Wall Street expected
results to range from 57 cents to 90 cents per share.
    * Revenue rose 2.6% to $1.33 billion from a year ago;
analysts
expected $1.35 billion. 
    * Evergy Inc shares had risen by 4.4% this quarter and
gained 6.7%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 15.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electric
utilities
peer group is also "buy"

Wall Street's median 12-month price target for Evergy Inc is
$56.85 
This summary was machine generated from LSEG data May 10 at
11:05 a.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
 Mar. 31 2024      0.64           0.53           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