Evergy's First Quarter 2024 Financial Results Overview

Thursday, 9 May 2024, 13:06

Evergy, Inc. (NASDAQ: EVRG) reported a decline in profits but saw an increase in revenues for Q1 2024. Adjusted earnings per share, net income, and total revenue figures outlined. The company's quarterly dividend and fiscal 2024 earnings guidance were also detailed, along with its long-term EPS growth target.
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Evergy's First Quarter 2024 Financial Results Overview

Evergy Q1 2023 Report Details

Electricity company Evergy, Inc. (NASDAQ: EVRG) released its financial results for the first quarter of 2024, indicating a notable increase in revenues despite a decline in profit.

Key Highlights:

  • Reported Earnings: $0.53/share versus $0.62/share YoY
  • Adjusted Earnings: $0.54/share versus $0.59/share last year
  • Net Income: Declined to $122.7 million from $142.6 million
  • Total Revenue: Increased to $1.33 billion from $1.30 billion YoY
  • Dividend: Declared $0.6425/share payable on June 20, 2024

The company reiterated its fiscal 2024 earnings guidance and long-term adjusted EPS annual growth target.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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