Evergy Inc (NASDAQ: EVRG) has released multiple reports about its Q4 2024 Earnings. Some reports show that Evergy's Q4 earnings missed estimates such as the FactSet estimation of $0.36 as the company reported a Q4 adjusted EPS of $0.35. Despite this, reports also illustrate revenue growth for the company. In the wider scope, Evergy reported strong 2024 financial results and future plans such as a $17.5B capital plan with an 8.5% rate-based growth till 2029. The stock of Evergy has also seen robust growth in this period, reaching a 52-week high at $67.89. Moreover, shareholders have seen a 39% return over the last year. In addition to financial growth, the company's pipeline of power users like data centers has increased to 11.2 GW. The company also plans to venture into clean energy, with a new generation in response to 'record-setting demand'. Though Evergy also verifies challenges with the increase of costs and being weighed down by its debt load. It still has a favourable outlook, as highlighted by a Buy rating affirmed for Evergy shares and an analysis that found the company may be undervalued by 22%.
Evergy EVRG News Analytics from Mon, 01 Apr 2024 07:00:00 GMT to Sat, 01 Mar 2025 04:53:56 GMT -
Rating +4
- Innovation +6
- Information +7
- Rumor +5
