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Evergy Reports Strong 2024 Financial Results and Future Plans

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Evergy Reports Strong 2024 Financial Results and Future Plans

Evergy ( (EVRG) ) has shared an announcement.

Evergy reported its 2024 financial results, showing an increase in GAAP earnings per share to $3.79 from $3.17 in 2023, and adjusted earnings per share to $3.81 from $3.54. The company declared a quarterly dividend of $0.6675 per share and raised its capital investment plan for 2025-2029 to $17.5 billion. Evergy reaffirmed its 2025 earnings guidance and highlighted the positive impact of new retail rates and infrastructure investments, despite challenges such as mild weather and increased expenses. The passage of House Bill 2527 in Kansas and a settlement agreement in Missouri reflect strong regulatory support and stakeholder relationships, positioning Evergy for future growth.

More about Evergy

Evergy, Inc. operates in the energy sector, primarily focusing on providing electricity services. The company is involved in infrastructure investments and has a significant presence in Kansas and Missouri, with a robust project pipeline and negotiations with large data center customers.

YTD Price Performance: 12.10%

Average Trading Volume: 1,869,948

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $15.89B

For detailed information about EVRG stock, go to TipRanks’ Stock Analysis page.

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