Evergy Inc (EVRG) experienced a strong Q4 2024, even though earnings slightly missed estimates. The
utility giant's earnings surged nearly
20%, leading to the unveiling of an impressive
$17.5B investment plan. The company's
dividend yield was deemed safe at
3.9% as the demand for the Midwest Utility's products soared. Evergy's stock reached a
52-week high multiple times and investors saw a
39% return over the past year. Amid some misses, Evergy's revenues rose year-over-year and the company reaffirmed its 2025 guidance. Evergy is
undeervalued by approximately 22%, according to analysts. The company showed interest in clean energy strategies, particularly concerning its
705 MW high-efficiency natural gas plants. This strategy, combined with robust growth, lead to an impressive
quarterly earnings report. The company's expansion plans include the construction of new natural gas power plants in Kansas to meet booming demand.
Evergy EVRG News Analytics from Fri, 16 Jun 2023 07:00:00 GMT to Thu, 06 Mar 2025 16:31:19 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -3
