Anuncio • May 08
Evergy, Inc. announces Quarterly dividend, payable on June 18, 2026 Evergy, Inc. announced Quarterly dividend of USD 0.6950 per share payable on June 18, 2026, ex-date on May 22, 2026 and record date on May 22, 2026. Reported Earnings • May 07
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$0.66 (up from US$0.54 in 1Q 2025). Revenue: US$1.44b (up 5.0% from 1Q 2025). Net income: US$151.5m (up 21% from 1Q 2025). Profit margin: 11% (up from 9.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 6.7%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year. Noticias en vivo • May 07
Evergy Plans US$2.8b Grid Upgrades as Data Center Demand and Dividend Rise Shareholders re-elected all 12 directors to Evergy’s board and approved an advisory vote on 2025 executive compensation, while ratifying Deloitte & Touche as independent auditor.
Management outlined a planned US$2.8b investment in 2025 to modernize the grid and support strong demand from advanced manufacturing and data centers, including recent data center agreements totaling 1.9 gigawatts.
Regulators approved three natural gas plants and three solar farms totaling nearly 2.2 gigawatts, and Evergy raised its annual dividend by 4% to US$2.78 per share, supported by new LLPS tariffs and Missouri’s SB4 to aid cost recovery.
The combination of large capital plans, regulatory support measures and growing data center demand presents Evergy as a utility focusing on grid growth and reliability projects. For you, the key trade-off to weigh is the size of upcoming investment compared with how effectively cost recovery mechanisms and approved tariffs may support cash flows and the dividend. Anuncio • Apr 16
Evergy, Inc. to Report Q1, 2026 Results on May 07, 2026 Evergy, Inc. announced that they will report Q1, 2026 results Pre-Market on May 07, 2026 Anuncio • Mar 27
Evergy, Inc., Annual General Meeting, May 05, 2026 Evergy, Inc., Annual General Meeting, May 05, 2026. Declared Dividend • Feb 22
Fourth quarter dividend of US$0.69 announced Shareholders will receive a dividend of US$0.69. Ex-date: 10th March 2026 Payment date: 20th March 2026 Dividend yield will be 3.4%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 20
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: US$3.71 (down from US$3.79 in FY 2024). Revenue: US$5.96b (up 2.0% from FY 2024). Net income: US$855.6m (down 2.0% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 6.5%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year. Anuncio • Feb 19
Evergy, Inc. Declares Dividend , Payable on March 20, 2026 Evergy, Inc. declared a dividend on the Company’s common stock of $0.6950 per share payable on March 20, 2026. The dividends are payable to shareholders of record as of March 10, 2026. Buy Or Sell Opportunity • Feb 11
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 3.9% to US$79.31. The fair value is estimated to be US$65.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Anuncio • Jan 29
Evergy, Inc. to Report Q4, 2025 Results on Feb 19, 2026 Evergy, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 19, 2026 Buy Or Sell Opportunity • Nov 12
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 5.1% to US$76.99. The fair value is estimated to be US$64.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Declared Dividend • Nov 10
Third quarter dividend increased to US$0.69 Dividend of US$0.69 is 4.1% higher than last year. Ex-date: 21st November 2025 Payment date: 19th December 2025 Dividend yield will be 3.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 07
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: US$2.06 (up from US$2.02 in 3Q 2024). Revenue: US$1.81b (flat on 3Q 2024). Net income: US$475.0m (up 2.0% from 3Q 2024). Profit margin: 26% (in line with 3Q 2024). Revenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 3.4%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Anuncio • Nov 06
Evergy, Inc. Declares Dividend on Common Stock, Payable on December 19, 2025 Evergy, Inc.'s Board of Directors declared a dividend on the Company’s common stock of $0.6950 per share payable on December 19, 2025. The dividends are payable to shareholders of record as of November 21, 2025. Anuncio • Oct 16
Evergy, Inc. to Report Q3, 2025 Results on Nov 06, 2025 Evergy, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 06, 2025 Declared Dividend • Aug 10
Second quarter dividend of US$0.67 announced Shareholders will receive a dividend of US$0.67. Ex-date: 22nd August 2025 Payment date: 19th September 2025 Dividend yield will be 3.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 08
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: US$0.74 (down from US$0.90 in 2Q 2024). Revenue: US$1.44b (flat on 2Q 2024). Net income: US$171.3m (down 17% from 2Q 2024). Profit margin: 12% (down from 14% in 2Q 2024). Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Anuncio • Aug 07
Evergy, Inc. Declares Quarterly Dividend on Common Stock , Payable on September 19, 2025 Evergy, Inc. Board of Directors declared a dividend on the Company’s common stock of $0.6675 per share payable on September 19, 2025. The dividends are payable to shareholders of record as of August 22, 2025. Anuncio • Jul 17
Evergy, Inc. to Report Q2, 2025 Results on Aug 07, 2025 Evergy, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025 Declared Dividend • May 11
First quarter dividend of US$0.67 announced Shareholders will receive a dividend of US$0.67. Ex-date: 23rd May 2025 Payment date: 20th June 2025 Dividend yield will be 4.0%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 09
First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2025 results: EPS: US$0.54 (up from US$0.53 in 1Q 2024). Revenue: US$1.37b (up 3.3% from 1Q 2024). Net income: US$125.0m (up 1.9% from 1Q 2024). Profit margin: 9.1% (down from 9.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 35%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 1% per year. Anuncio • May 09
Evergy, Inc. has filed a Follow-on Equity Offering in the amount of $1.2 billion. Evergy, Inc. has filed a Follow-on Equity Offering in the amount of $1.2 billion.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Anuncio • Apr 17
Evergy, Inc. to Report Q1, 2025 Results on May 08, 2025 Evergy, Inc. announced that they will report Q1, 2025 results Pre-Market on May 08, 2025 Anuncio • Apr 01
Evergy, Inc. Appoints Matt Gummig as Chief Accounting Officer and Principal Accounting Officer, Effective April 2, 2025 Evergy announced that it has promoted one of its executives to the position of chief accounting officer. The company said its board elected Matt Gummig as chief accounting officer and the company's principal accounting officer. He assumes the title effective April 2, 2025, Evergy said in a filing with the Securities and Exchange Commission. Gummig had a head start in the job. He was named interim chief accounting officer and controller in November after Steven Busser announced his retirement after 10 years with Evergy. Gummig previously had been director of external reporting and property accounting. The company said in a November filing that Gummig had worked for the company for nearly 13 years. Before joining Evergy, he was an auditor in the assurance practice of Ernst & Young. Gummig joins a relatively new CFO on the Evergy executive team. W. Bryan Buckler assumed the role of chief financial officer on Oct. 1. Buckler joined Evergy after serving as CFO of OGE Energy Corp. in Oklahoma. He succeeded Kirkland Andrews, who left Evergy in June to become CFO for New York City-based Consolidated Edison Inc. Declared Dividend • Mar 02
Fourth quarter dividend of US$0.67 announced Shareholders will receive a dividend of US$0.67. Ex-date: 10th March 2025 Payment date: 21st March 2025 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: US$3.79 (vs US$3.18 in FY 2023) Full year 2024 results: EPS: US$3.79 (up from US$3.18 in FY 2023). Revenue: US$5.85b (up 6.2% from FY 2023). Net income: US$873.5m (up 19% from FY 2023). Profit margin: 15% (up from 13% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year. Anuncio • Feb 06
Evergy, Inc. to Report Q4, 2024 Results on Feb 27, 2025 Evergy, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 27, 2025 Anuncio • Feb 05
Birchtech Corp. Files Patent Infringement Lawsuit Against Evergy, Inc., Evergy Metro Inc., Evergy Missouri West, Inc., and Evergy Kansas Central, Inc Birchtech Corp. announced that it has filed a patent infringement lawsuit in the U.S. District Court for the Western District of Missouri against Evergy. The lawsuit filed on January 23, 2025, names four defendants and claims that the defendants knowingly violated patent rights related to Birchtech’s mercury emissions reduction technologies, commercially known as SEA® (Sorbent Enhancement Additive) Technologies under Birchtech’s division, ME2C Environmental. At Birchtech’s request, the Judicial Panel on Multi-District Litigation ordered this case transferred to the U.S. District Court for the Southern District of Iowa. The four companies named as defendants in the lawsuit include Evergy, Inc., Evergy Metro Inc., Evergy Missouri West, Inc., and Evergy Kansas Central, Inc., for patent infringement. The Company requests a trial by jury against the defendants and seeks damages, costs, and legal expenses, along with a finding of willful infringement by the defendants, and an injunction prohibiting the defendants from further acts of infringement. Recent Insider Transactions • Nov 17
Executive VP & COO recently sold US$3.0m worth of stock On the 13th of November, Kevin Bryant sold around 48k shares on-market at roughly US$62.93 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Kevin's only on-market trade for the last 12 months. Declared Dividend • Nov 10
Third quarter dividend of US$0.67 announced Shareholders will receive a dividend of US$0.67. Ex-date: 21st November 2024 Payment date: 20th December 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 08
Third quarter 2024 earnings: EPS in line with expectations, revenues disappoint Third quarter 2024 results: EPS: US$2.02 (up from US$1.53 in 3Q 2023). Revenue: US$1.81b (up 8.5% from 3Q 2023). Net income: US$465.6m (up 32% from 3Q 2023). Profit margin: 26% (up from 21% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 24%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year. Anuncio • Oct 17
Evergy, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Evergy, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024 Anuncio • Sep 24
Evergy, Inc Announces Board and Committee Appointments On September 20, 2024, the Board of Directors of Evergy, Inc. elected Dean Newton, 54, to serve on the Board effective October 15, 2024, and Jon Rolph, 45, to serve on the Board effective January 1, 2025, each for a term expiring at Evergy’s 2025 annual meeting of shareholders. Mr. Newton will serve on the Operations Committee and Mr. Rolph will serve on the Finance Committee of the Board. The Board determined that each of Mr. Newton and Mr. Rolph is independent and meets the applicable director independence requirements of the Nasdaq Stock Market LLC and Evergy’s director independence standards, as adopted by the Board. Mr. Newton has served as the President and Chief Executive Officer of Delta Dental of Kansas (“Delta Dental”), a nonprofit dental insurance corporation, since 2020; prior to his current role, Mr. Newton served as a Managing Director of Delta Dental from 2014 to 2020, and various other leadership positions at Delta Dental prior thereto, including the Chief Marketing and Sales Officer. Mr. Newton has served as the chair of the board of directors and the President and Chief Executive Officer of Surency Life & Health Insurance Co., a private subsidiary of Delta Dental, since 2020, and various other leadership positions at Surency prior thereto. Mr. Newton also serves on several non-profit boards, including the Kansas Chamber of Commerce. Mr. Newton previously served on the board of directors of CommunityAmerica Credit Union from 2015 to 2023 (including Board Chair 2017-2021), and served in the Kansas House of Representatives from 2000 to 2005. Mr. Newton earned a Bachelor of Arts from the University of Kansas in 1993 and a Juris Doctor from the New York University School of Law in 1996. Mr. Rolph currently serves as the Chief Executive Officer of Thrive Restaurant Group (“Thrive”), which owns and operates over 190 restaurants. Prior to his current role, Mr. Rolph held various other leadership positions at Thrive and its predecessors since joining the company in 2002, including the Chief Operating Officer of Carlos O’Kelly’s, Inc., a restaurant chain owned and operated by Thrive, and Vice President of Administration and Marketing. Mr. Rolph serves on the board of directors of INTRUST Bank, N.A., Centralized Supply Chain Services and Applebee’s Franchise Business Council, and also serves on several non-profit boards, including as Vice-Chair of the Greater Wichita Partnership and of the Kansas Board of Regents. Mr. Rolph earned a bachelor’s degree from Baylor University in 2001. Declared Dividend • Aug 14
Second quarter dividend of US$0.64 announced Shareholders will receive a dividend of US$0.64. Ex-date: 20th August 2024 Payment date: 20th September 2024 Dividend yield will be 4.3%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 11
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: US$0.90 (up from US$0.78 in 2Q 2023). Revenue: US$1.45b (up 6.9% from 2Q 2023). Net income: US$207.0m (up 16% from 2Q 2023). Profit margin: 14% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 3.4%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year. Anuncio • Jul 20
Evergy, Inc. to Report Q2, 2024 Results on Aug 09, 2024 Evergy, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 09, 2024 Declared Dividend • May 13
First quarter dividend of US$0.64 announced Shareholders will receive a dividend of US$0.64. Ex-date: 17th May 2024 Payment date: 20th June 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 10
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: EPS: US$0.53 (down from US$0.62 in 1Q 2023). Revenue: US$1.33b (up 2.6% from 1Q 2023). Net income: US$122.7m (down 14% from 1Q 2023). Profit margin: 9.2% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 8.6%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year. Anuncio • Apr 21
Evergy, Inc. to Report Q1, 2024 Results on May 09, 2024 Evergy, Inc. announced that they will report Q1, 2024 results on May 09, 2024 Anuncio • Apr 03
Evergy, Inc. Files its Triennial Integrated Resource Plan with the Missouri Public Service Commission Evergy, Inc. filed its triennial Integrated Resource Plan with the Missouri Public Service Commission. This outlines the plan to meet customer electricity needs over the next 20 years. It includes additional renewable and dispatchable generation to meet growing customer demand driven by economic development and increased capacity requirements established by the Southwest Power Pool. Companywide over the next 20 years, Evergy projects it will need to add 5,100 megawatts of renewable energy from wind and solar and 5,200 MW of firm, dispatchable generation – including 2,500 MW of new, hydrogen-capable natural gas generation across 2029-2032 – as its service area is experiencing record-setting economic development. The 2024 plan includes 1,900 MW of additional generation over what was anticipated in its 2023 update filing. Evergy evaluates the costs for operating existing plants, adding new supply-side generation, and expanding demand-side programs to develop a plan that has the lowest risk-adjusted cost compared to alternative plans. Reflecting this analysis and consistent with previous plans, the company’s 2024 plan calls for the retirement of more than 4,500 MW of coal-based generation and the continued growth of demand-side programs over that period. In the first five years, the plan includes 143 MW of natural gas generation added to Evergy’s portfolio in 2024 and the addition of 600 MW of solar energy in 2027 and 450 MW in 2028. Evergy serves its customers with a balanced generation portfolio that includes approximately 4,600 MW of renewable energy. Later this year, the company expects to surpass a milestone of generating 150 million megawatt hours of wind energy since the inception of its wind portfolio in the early 2000s. With a commitment to a responsible transition to more sustainable energy sources, to date the company has retired 2,400 MW of fossil-fuel generation. The Integrated Resource Plan filed today at the Missouri Public Service Commission is a triennial filing that includes details related to the Evergy Metro and Evergy Missouri West resource plans. A similar filing will be made in Kansas in May, which will include details related to the Evergy Kansas Central portion of the plan. Anuncio • Mar 29
Evergy, Inc., Annual General Meeting, May 06, 2025 Evergy, Inc., Annual General Meeting, May 06, 2025. Declared Dividend • Mar 03
Fourth quarter dividend of US$0.64 announced Shareholders will receive a dividend of US$0.64. Ex-date: 8th March 2024 Payment date: 22nd March 2024 Dividend yield will be 5.1%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 01
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: US$3.18 (down from US$3.27 in FY 2022). Revenue: US$5.51b (down 6.0% from FY 2022). Net income: US$731.3m (down 2.8% from FY 2022). Profit margin: 13% (in line with FY 2022). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 4% per year.