Evergy Inc reports results for the quarter ended in September 30 - Earnings Summary

• Evergy Inc EVRG.OQ reported quarterly adjusted earnings of $2.02​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.88. The mean expectation of ten analysts for the quarter was for earnings of $1.93 per share. Wall Street expected results to range from $1.88 to $2.04 per share.

• Revenue rose 8.5% to $1.81 billion from a year ago; analysts expected $2.15 billion.

• Evergy Inc's reported EPS for the quarter was $2.02​.

• The company reported quarterly net income of $465.6 million.

• Evergy Inc shares had fallen by 1.5% this quarter and gained 17.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.4% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the electric utilities peer group is also "buy"

Wall Street's median 12-month price target for Evergy Inc is 65.00

This summary was machine generated from LSEG data November 7 at 03:08 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)