Categories Earnings, Energy

Earnings Summary: Everything you need to know about Evergy’s Q1 2024 report

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

WBA Earnings Preview: Will Walgreens’ Q3 report bring cheer to investors?

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has been facing challenges due to higher operating costs, rising competition, and an unfavorable retail environment. These factors have put pressure on the drugstore

Main points from Accenture’s (ACN) Q3 2024 earnings report

Shares of Accenture (NYSE: ACN) rose 6% on Thursday, following the company’s announcement of its third-quarter 2024 earnings results. Although revenue and profits missed expectations, the stock jumped after the

ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues

Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter. The Canada-based recreational

Add Comment
Viewing Highlight