29.02.2024 13:39:14 - dpa-AFX: ROUNDUP: Evergy Sees Higher Earnings In FY24

WASHINGTON (dpa-AFX) - Evergy, Inc. (EVRG) on Thursday said it expects
fiscal 2024 earnings per share, on a reported and adjusted basis, in the range
of $3.73 to $3.93.

Analysts on average expect the company to report earnings of $3.82 per share for
the year , according to figures compiled by Thomson Reuters. Analysts' estimates
typically exclude special items.

In fiscal 2023, reported earnings were $3.17 per share and adjusted earnings
were $3.54 per share.

In addition, the company reaffirmed its long-term adjusted earnings per share
annual growth target of 4% to 6% through 2026 off the original $3.65 midpoint of
2023 adjusted earnings per share guidance.

The Board of Directors declared a dividend of $0.6425 per share payable on March
22, 2024. The dividends are payable to shareholders of record as of March 11.

In its fourth quarter, Evergy's earnings increased from last year but missed the
Street estimates.

The company's earnings came in at $58.0 million, or $0.25 per share. This
compares with $7.5 million, or $0.03 per share, in last year's fourth quarter.

Adjusted earnings were $61.1 million or $0.27 per share for the period. Analysts
had expected the company to earn $0.29 per share.

In pre-market activity on Nasdaq, Evergy shares were trading at $51, up 2.43%.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
EVERGY INC. A2JNBV Frankfurt 49,870 12.07.24 08:00:08 +0,750 +1,53% 0,000 0,000 49,870 49,870

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