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Evergy(EVRG) - 2024 Q1 - Quarterly Results
2024-05-09 11:00
NEWS RELEASE Exhibit 99.1 Evergy Announces First Quarter 2024 Results, Declares Quarterly Dividend and Reaffirms 2024 Guidance KANSAS CITY, MO., May 9, 2024 – Evergy, Inc. (NASDAQ: EVRG) today announced first quarter 2024 GAAP earnings of $122.7 million, or $0.53 per share, compared to GAAP earnings of $142.6 million, or $0.62 per share, for the first quarter 2023. Evergy's first quarter 2024 adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) were $124.7 million and $0.54, respectively, ...
Evergy(EVRG) - 2024 Q1 - Quarterly Report
2024-05-08 21:47
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 March 31, 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, | | | --- | --- | --- | | Commission | state of incorporation, address of pr ...
Evergy (EVRG) to Post Q1 Earnings: Here's What You Need to Know
Zacks Investment Research· 2024-05-07 13:21
Evergy (EVRG) is scheduled to release first-quarter 2024 results on May 9, before market open. The company delivered a negative earnings surprise of 10% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderThe company’s earnings are expected to have benefited from ongoing investments that are targeted toward grid modernization. It is also likely to have gained from energy efficiency programs and cost-saving initiatives.Ev ...
Evergy: Attractive Valuation With Potential For Stronger Load Growth
Seeking Alpha· 2024-04-15 18:26
Justin PagetEvergy, Inc. (NASDAQ:EVRG) is a regulated utility that supplies electricity to over 1.6 million customers in Kansas and Missouri. Shares of Evergy have not done well since early 2020 given the beginning of the pandemic in 2020 and interest rate headwinds since 2022. Data by YCharts On February 29, 2024, Evergy reported 2023 results that reflected headwinds. Nevertheless, Evergy management is optimistic about EPS growth, rate base growth, and load growth in the future. In terms of the future, ...
Evergy Chairman Mark Ruelle to Retire; Evergy President and CEO David Campbell to Serve as Chairman of the Board
Businesswire· 2024-03-08 21:05
KANSAS CITY, Mo.--(BUSINESS WIRE)--Evergy, Inc. (NASDAQ: EVRG) announced today that Mark Ruelle will not stand for reelection at Evergy’s annual meeting on May 7, 2024 as he retires from Evergy’s board of directors and his role as chairman at the end of his term. David Campbell, Evergy’s president and chief executive officer, has been nominated by the board of directors to assume the role of chairman of the board following Evergy’s annual meeting. Ruelle has served as non-executive chairman of the board si ...
Evergy (EVRG) Q4 Earnings Miss Estimates, '23 Sales Down Y/Y
Zacks Investment Research· 2024-02-29 20:16
Evergy, Inc. (EVRG) reported fourth-quarter 2023 operating earnings per share (EPS) of 27 cents, which lagged the Zacks Consensus Estimate of 30 cents by 10%. Earnings decreased 10% year over year.In 2023, EPS was $3.54 compared with $3.71 in the year-ago period. The year-over-year decline in EPS was due to higher interest expense, unfavorable weather, offset marginally by lower operations and maintenance expense, and higher corporate-owned life insurance proceeds.Total RevenuesIn 2023, revenues were down n ...
Evergy(EVRG) - 2023 Q4 - Earnings Call Presentation
2024-02-29 17:58
Fourth Quarter 2023 Earnings Call February 29, 2024 Forward Looking Statements %evergy Important Information 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 ...
Evergy(EVRG) - 2023 Q4 - Earnings Call Transcript
2024-02-29 17:58
Evergy, Inc. (NASDAQ:EVRG) Q4 2023 Earnings Conference Call February 29, 2024 9:00 AM ET Company Participants Peter Flynn - Director, Investor Relations David Campbell - President and Chief Executive Officer Kirk Andrews - Executive Vice President and Chief Financial Officer Conference Call Participants Nicholas Campanella - Barclays Michael Sullivan - Wolfe Paul Zimbardo - Bank of America Paul Fremont - Ladenburg Thalmann & Company Paul Patterson - Glenrock Associates Operator Thank you for standing by and ...
Evergy Inc (EVRG) Lags Q4 Earnings Estimates
Zacks Investment Research· 2024-02-29 14:10
Evergy Inc (EVRG) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this electric utility would post earnings of $1.77 per share when it actually produced earnings of $1.88, delivering a surprise of 6.21%.Over the last four quarters, the company ...
Evergy(EVRG) - 2023 Q4 - Annual Report
2024-02-28 16:00
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, | | | | --- | --- | --- | | Commission | state of incorporation, address of principal | I.R.S. Employer | | File Number | executive offices and telephone number | Identification Number | | 001-38515 | EVERGY, INC. | 82-2733395 | | (a Missouri corporation) | | | | 1200 Main Street | | | | Kansas City, Missouri 641 ...