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Evergy EVRG - News Analyzed: 3,768 - Last Week: 97 - Last Month: 485

↑ Evergy EVRG Shows Promise with Strong Q2 2024 Earnings and High Buy-in from Major Investment Firms

Evergy EVRG Shows Promise with Strong Q2 2024 Earnings and High Buy-in from Major Investment Firms
Evergy, Inc. (NYSE:EVRG) announced its Q2 2024 Earnings making headlines from various trading entities and boosting its financial image. As a long-term investment, Evergy has gained attention from SG Americas Securities LLC, Gateway Investment Advisers LLC, Cetera Investment Advisers and others, showcasing significant buying and selling activities. They declared a quarterly dividend of $0.64 and issued FY24 Earnings Guidance. Their Q2 2024 earnings met estimates with EPS of $0.90, and a revenue of $1.73 Billion. More than 2,000,000 shares were also purchased by Manning & Napier Advisors LLC. Evergy Inc. also showcased a notable Q2 profit increase. They are expected to gain from strategic acquisitions and investments. However, Evergy is seen as using debt in a risky way, thus leading to a surge in the implied volatility for Evergy's stock options. The CFO transition was also disclosed. Despite a few investment losses, several financial institutes continue to hold positions in Evergy making it a trustworthy investment opportunity in the market.

Evergy EVRG News Analytics from Thu, 07 Dec 2023 06:23:01 GMT to Sun, 11 Aug 2024 20:36:00 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -3

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