Evergy (EVRG) Q1 Earnings Lag Estimates, Revenues Up Y/Y
EVRGEvergy(EVRG) Zacks Investment Research·2024-05-10 06:40

Evergy, Inc. (EVRG) reported first-quarter 2024 operating earnings per share (EPS) of 54 cents, which lagged the Zacks Consensus Estimate of 61 cents by 11.5%. Earnings decreased 8.5% year over year. EPS in the reported quarter benefited from new retail rates and better transmission margin, while higher operating and interest expenses, along with unfavorable impact of weather on demand completely offset the positives. Total Revenues First-quarter revenues of $1.33 billion surpassed the Zacks Consensus Estim ...