Electricity company Evergy, Inc. (NASDAQ: EVRG) announced financial results for the first quarter of 2024, reporting lower profit despite an increase in revenues.
- First-quarter 2024 earnings, on a reported basis, decreased to $0.53 per share from $0.62 per share in the year-ago quarter
- Adjusted earnings, excluding special items, was $0.54 per share in Q1, compared to $0.59 per share last year
- March-quarter net income was $122.7 million, compared to $142.6 million in the same period last year
- Total revenue increased 2.6% to $1.33 billion in Q1 from $1.30 billion in the year-ago quarter
- The board declared a quarterly dividend of $0.6425 per share, payable on June 20, 2024, to shareholders of record as of May 20
- The company reaffirmed its fiscal 2024 earnings and adjusted earnings guidance in the range of $3.73 per share to $3.93 per share
- Evergy also confirmed its long-term adjusted EPS annual growth target of 4% to 6% through 2026, off the original $3.65 midpoint of the 2023 guidance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
