The Zacks Consensus Estimate for PCG's 2024 and 2025 earnings reflects a year-over-year growth of 9.8% and 8.6%, respectively. The company reported a positive earnings surprise of 5.71% in the last reported quarter. PNW's long-term earnings growth rate is 8.2%. The Zacks Consensus Estimate for Pinnacle West Capital's 2024 and 2025 EPS implies a year-over-year improvement of 7.9% and 5.3%, respectively. Growth Projections In the past six months, shares of the company rallied 3.9% against the industry's 2.3% ...

Investors looking for stocks in the Utility - Electric Power sector might want to consider either Evergy Inc (EVRG) or 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. Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels. Another notable valuation metric for EVRG is its P/B ratio of 1.25. The P/B ratio ...

Evergy Chief Financial Officer Kirk Andrews will leave to replace Consolidated Edison's current CFO Robert Hoglund, who plans to retire on July 8, the companies announced Monday. Andrews has been CFO of the Midwest utility company since 2021. Evergy said Geoffrey Ley, vice president, corporate planning and treasurer, will be acting CFO as the company conducts an internal and external search to fill the role. Andrews joins Con Edison as it takes on New York State's goal of transitioning to a zero-emission el ...

Evergy Inc is a member of our Utilities group, which includes 106 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. Based on the latest available data, EVRG has gained about 2.3% so far this year. Meanwhile, the Utilities sector has returned an average of 1.8% on a year-to-date basis. As we can see, Ever ...

Investors interested in Utility - Electric Power stocks are likely familiar with Evergy Inc (EVRG) and Iberdrola S.A. (IBDRY) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estim ...

Evergy's (EVRG) planned investments help to improve its service reliability. It also continues to benefit from its expansion of operations in the transmission market through collaborations, strategic acquisitions and partnerships. Given its growth opportunities, EVRG makes for a solid investment option in the utility sector. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a promising investment pick at the moment. Growth Projections The Zacks Consensus Estimate for EVRG's 2024 earnings ...

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Evergy Inc (EVRG) and Consolidated Edison (ED) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that tar ...

Our latest available data shows that EVRG has returned about 5.5% since the start of the calendar year. Meanwhile, the Utilities sector has returned an average of -0.7% on a year-to-date basis. This means that Evergy Inc is performing better than its sector in terms of year-to-date returns. One other Utilities stock that has outperformed the sector so far this year is MGE (MGEE) . The stock is up 12.5% year-to-date. The consensus estimate for MGE's current year EPS has increased 0.3% over the past three mon ...

Evergy, Inc. (EVRG) reported first-quarter 2024 operating earnings per share (EPS) of 54 cents, which lagged the Zacks Consensus Estimate of 61 cents by 11.5%. Earnings decreased 8.5% year over year.EPS in the reported quarter benefited from new retail rates and better transmission margin, while higher operating and interest expenses, along with unfavorable impact of weather on demand completely offset the positives.Total RevenuesFirst-quarter revenues of $1.33 billion surpassed the Zacks Consensus Estimate ...

Evergy, Inc. (NASDAQ:EVRG) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants Peter Flynn - Director, IR David Campbell - President, CEO & Director Kirkland Andrews - EVP & CFO Conference Call Participants Nicholas Campanella - Barclays Bank Shahriar Pourreza - Guggenheim Securities Durgesh Chopra - Evercore ISI Paul Patterson - Glenrock Associates Michael Sullivan - Wolfe Research Ryan Levine - Citigroup Travis Miller - Morningstar Operator Welcome to the Q1 2024 Evergy, Inc. Earn ...