earnings
confidence high
sentiment neutral
materiality 0.70
Evergy Q3 GAAP EPS $1.53 vs $1.86; raises dividend 5%; narrows adjusted EPS guidance to $3.55-$3.65
Evergy, Inc.
2023-Q3 EPS reported
$2.92
revenue$4,320,300,000
- Q3 2023 GAAP net income $351.6M ($1.53 EPS), down from $428.2M ($1.86 EPS) in Q3 2022.
- Adjusted EPS (non-GAAP) $1.88, down from $2.00 in prior year; adjusted net income $432.3M.
- Quarterly dividend increased 5% to $0.6425 per share ($2.57 annualized); payable Dec 20, 2023.
- 2023 GAAP EPS guidance revised to $3.22-$3.32; adjusted EPS guidance narrowed to $3.55-$3.65.
- Long-term adjusted EPS growth target set at 4%-6% off original 2023 midpoint of $3.65.