Electricity company Evergy, Inc. (NASDAQ: EVRG) has announced financial results for the fourth quarter of 2023, reporting a decline in adjusted earnings.
- Fourth-quarter adjusted earnings and earnings per share were $61.1 million and $0.27 respectively, compared to $68.6 million and $0.30, respectively, last year
- Net income attributable to Evergy, on an unadjusted basis, was $58 million or $0.25 per share in Q4, vs. $7.5 million or $0.03/share last year
- For fiscal 2023, the company expects earnings per share to be in the range of $3.73 to $3.93; adjusted earnings are also expected to be between $3.73 per share and $3.93 per share
- The company reaffirmed its long-term adjusted EPS annual growth target of 4-6% through 2026, off the original $3.65 midpoint of 2023 adjusted EPS guidance
- The board of directors declared a dividend, on the company’s common stock, of $0.6425 per share, payable on March 22, 2024
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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
