Evergy, Inc. (EVRG) reported second-quarter 2024 operating earnings per share (EPS) of 90 cents, which lagged the Zacks Consensus Estimate of 99 cents by 9.1%. However, the bottom line increased 11.1% from the year-ago quarter's figure of 81 cents. EPS in the reported quarter benefited from warmer-than-normal weather, growth in weather-normalized demand, new retail rates and higher transmission margin, partially offset by higher operation and maintenance expenses, increased depreciation and amortization exp ...

Second Quarter 2024 Earnings Call August 9, 2024 %evergy Important Information Forward Looking Statements Statements made in this document that are not based on historical facts are forward-looking, may involve risks and uncertainties, and are intended to be as of the date when made. Forward-looking statements include, but are not limited to, statements relating to Evergy's strategic plan, including, without limitation, those related to earnings per share, dividend, operating and maintenance expense and cap ...

Earnings and Financial Performance - Q2 2024 GAAP EPS of $0.90, up from $0.78 in Q2 2023[1] - Q2 2024 Adjusted EPS (Non-GAAP) of $0.90, up from $0.81 in Q2 2023[1] - Q2 2024 GAAP earnings of $207.0 million, compared to $179.1 million in Q2 2023[1] - Q2 2024 Adjusted earnings (Non-GAAP) of $207.0 million, compared to $186.1 million in Q2 2023[1] - Year-to-date June 30, 2024 Adjusted earnings (Non-GAAP) of $331.7 million, compared to $322.2 million in 2023[5] - Year-to-date June 30, 2024 Adjusted EPS (Non-GAAP) of $1.44, compared to $1.40 in 2023[5] Guidance and Growth Targets - Reaffirmed 2024 GAAP and Adjusted EPS guidance of $3.73 to $3.93[3] - Long-term Adjusted EPS (Non-GAAP) annual growth target of 4% to 6% through 2026[3] Dividends - Quarterly dividend declared at $0.6425 per share[4] Customer Base - Evergy serves 1.7 million customers in Kansas and Missouri[11] Risks and Challenges - Financial market conditions and performance, including volatility in interest rates and credit spreads, impact the availability and cost of capital[14] - Disruptions in the banking industry affect derivatives, hedges, nuclear decommissioning trust, and pension plan assets and costs[14] - Physical and cybersecurity breaches, criminal activity, and terrorist attacks pose risks to Evergy's facilities and IT infrastructure[14] - Geopolitical conflicts impact the global energy market, including the ability to contract for non-Russian sourced uranium[14] - Workforce risks include attracting and retaining qualified personnel and managing costs of wages, retirement, and health care benefits[14] - Strategic initiatives like mergers, acquisitions, and divestitures may not achieve expected value in a timely manner[14] - Evergy Companies' ability to manage transmission and distribution development plans and joint ventures is a key risk[14] - New factors emerge unpredictably, and Evergy cannot assess their impact on business outcomes[15] Forward-Looking Statements - Evergy undertakes no obligation to update forward-looking statements unless required by law[15] Corporate Communications - Media and investor contacts are provided for corporate communications and investor relations[16]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______to_______ Exact name of registrant as specified in its charter, | --- | --- | --- | |---------------------------------|-------------------------- ...

Evergy (EVRG) is scheduled to release second-quarter 2024 results on Aug 9, before market open. The company delivered a negative earnings surprise of 11.5% in the last reported quarter. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors to Consider In April 2024, Evergy Missouri West purchased a joint ownership interest, representing nearly 145 megawatts in Dogwood Energy Center, an operational natural gas combined cycle facility in Missouri. This is likely ...

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Evergy Inc (EVRG) and Southern Co. (SO) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scor ...

Franklin, MA, July 23, 2024 (GLOBE NEWSWIRE) -- Franklin, MA, July 23, 2024 - Interactions, an innovating force in Conversational AI for customer service, today announced its client, Evergy won gold in Chartwell's 21st annual Best Practices Awards for excellence in Digital Experience. Evergy won the Chartwell Gold Award for Excellence in Digital Experience. The evaluation committee recognized Evergy's innovation to allow start and transfer service in the IVA. This novel concept allowed more than 40,000 star ...

An American investor-owned utility (IOU) with publicly traded stock and the largest electrical provider in Kansas, Evergy has a passion for creating exceptional customer experiences and solutions. For its digital-based customer support, it partners with Interactions LLC to efficiently manage millions of annual support calls. Interactions delivers exceptional omnichannel customer-support solutions by combining the best of AI with customized LLMs and real-time human intelligence. It provides digital CX soluti ...

The 'Undercovered' Dozen series aims to highlight undercovered stocks on our platform for you to have another source for idea generation. This time around, we're looking at ideas published from June 28th - July 11th. Take a look at what these undercovered stocks and ideas might hold for you. And please join the conversation below to share what you think: are any of these worth following up on? Ticker Rating Analyst NEM, NGT:CA; TECK, TECK.B:CA Strong Buy; Sell QOE Capital Throughout the last year, there has ...

SanderStock/iStock via Getty Images It seems like every day the technology (XLK) sector dominates the headlines. Given that it makes up approximately 30% of the S&P 500 index's (SP500) weighting, this makes sense. There's no doubt that technology is fueling economic growth. Not surprisingly, it also has generated outsized gains in 2023, year-to-date, and especially in the past month. Before the dip in recent days, XLK outperformed the S&P by almost 11% on a one-month basis per Seeking Alpha. According to Tr ...