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 ...

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, ...

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) 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 ...

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, ...