Evergy Inc reports results for the quarter ended March 31 - Earnings Summary

• Evergy Inc EVRG.OQ reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of eight analysts for the quarter was for earnings of 66 cents per share. Wall Street expected results to range from 60 cents to 80 cents per share.

• Revenue rose 3.3% to $1.37 billion from a year ago; analysts expected $1.08 billion.

• Evergy Inc's reported EPS for the quarter was 54 cents​.

• The company reported quarterly net income of $125 million.

• Evergy Inc shares had risen by 1.0% this quarter and gained 13.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 10.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 4 "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 $73.00

This summary was machine generated from LSEG data May 8 at 01:32 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)