Aankondiging • 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 Reported Earnings • May 09
First quarter 2024 earnings released: EPS: US$0.53 (vs US$0.62 in 1Q 2023) 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 is forecast to grow 3.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Aankondiging • 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 Aankondiging • 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. Aankondiging • Mar 29
Evergy, Inc., Annual General Meeting, May 06, 2025 Evergy, Inc., Annual General Meeting, May 06, 2025. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: US$3.18 (vs US$3.27 in FY 2022) 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 is forecast to grow 4.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Aankondiging • Feb 09
Evergy, Inc. to Report Q4, 2023 Results on Feb 29, 2024 Evergy, Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 29, 2024 Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: US$1.53 (vs US$1.86 in 3Q 2022) Third quarter 2023 results: EPS: US$1.53 (down from US$1.86 in 3Q 2022). Revenue: US$1.67b (down 13% from 3Q 2022). Net income: US$351.6m (down 18% from 3Q 2022). Profit margin: 21% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.7% decline forecast for the Electric Utilities industry in Europe. Aankondiging • Oct 18
Evergy, Inc. to Report Q3, 2023 Results on Nov 07, 2023 Evergy, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 07, 2023 Aankondiging • Oct 01
Evergy, Inc. Reaches Unanimous Settlement with Parties to Kansas Rate Case Evergy, Inc. announced that a unanimous agreement has been reached with parties to its Kansas rate case. The agreement was filed Friday with the Kansas Corporation Commission and must be approved by the state’s Commissioners, who are scheduled to issue an order in December. If the agreement is approved, Evergy Kansas Central will implement a net increase of $74.0 million and Evergy Kansas Metro will have a net decrease of $32.9 million. Costs for residential customers in Evergy Kansas Central, which includes Topeka, Pittsburg, Wichita, Hutchinson and other communities in the eastern third of the state, will increase about 4.05%, which translates to an increase of approximately $4.64 per month for the average residential customer. For Evergy Kansas Metro, which includes Lenexa, Overland Park and other communities near the Kansas City metro area, rates for residential customers will decrease about 4.75%, and the average residential customer will pay about $6.07 less per month. Reported Earnings • Aug 06
Second quarter 2023 earnings released: EPS: US$0.78 (vs US$0.85 in 2Q 2022) Second quarter 2023 results: EPS: US$0.78 (down from US$0.85 in 2Q 2022). Revenue: US$1.35b (down 6.4% from 2Q 2022). Net income: US$179.1m (down 7.9% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Aankondiging • Jul 15
Evergy, Inc. to Report Q2, 2023 Results on Aug 04, 2023 Evergy, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 04, 2023 Board Change • Jul 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Neal Sharma was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 15
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Neal Sharma was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jun 13
Evergy, Inc. Announces Executive Changes On June 9, 2023, the Board of Directors of Evergy, Inc. elected Neal A. Sharma, 46, to serve on the Board effective June 9, 2023, for a term expiring at Evergy's 2024 annual meeting of shareholders. Mr. Sharma has not been appointed to any Board committees in connection with his election to the Board. Determinations regarding the Board committees, if any, to which Mr. Sharma may be appointed in the future will be made in accordance with Evergy's usual practices. The Board determined that Mr. Sharma 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. Sharma co-founded Digital Evolution Group (“DEG”), a full-service digital marketing and commerce agency which was sold in 2018. From 2018 until 2022, he continued to serve as Chief Executive Officer of DEG, now part of global agency holding company, Dentsu Group, Inc. Mr. Sharma has served as President, Dentsu Shop since January 2022 in a solutions-oriented advisory role, and also serves in an advisory capacity to startup companies in which he invests and on several non-profit boards, including MRI Global and the Truman Library Institute. Mr. Sharma earned a bachelor’s degree from American University in 1998 and a Master of Business Administration degree from the University of Kansas in 2001. Recent Insider Transactions • May 28
Senior VP recently sold €71k worth of stock On the 25th of May, Lesley Elwell sold around 1k shares on-market at roughly €53.77 per share. This transaction amounted to 98% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.3m. Insiders have been net sellers, collectively disposing of €1.5m more than they bought in the last 12 months. Aankondiging • May 24
Evergy, Inc. (NYSE:EVRG) completed the acquisition of 199-megawatt Persimmon Creek Wind Farm in western Oklahoma from Elawan Energy, S.L. and Scout Clean Energy, LLC. Evergy, Inc. (NYSE:EVRG) entered into an agreement to acquire 199-megawatt Persimmon Creek Wind Farm in western Oklahoma from Elawan Energy, S.L. and Scout Clean Energy, LLC for approximately $250 million on August 9, 2022. The transaction remains subject to closing conditions, including regulatory approvals. The acquisition is expected to close by early 2023. Evergy’s legal advisor on the transaction was John Klauberg, Laura Neumeister Wright, Dan Skees, Paul Williams, Ella Foley Gannon and Paul Gordon of Morgan, Lewis & Bockius LLP and Scout and Elawan’s legal advisor was McDermott Will & Emery LLP.
Evergy, Inc. (NYSE:EVRG) completed the acquisition of 199-megawatt Persimmon Creek Wind Farm in western Oklahoma from Elawan Energy, S.L. and Scout Clean Energy, LLC on May 23, 2023. Recent Insider Transactions • May 17
Independent Director recently sold €145k worth of stock On the 12th of May, Sandra A. Lawrence sold around 3k shares on-market at roughly €57.39 per share. This transaction amounted to 84% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.3m. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months. Reported Earnings • May 07
First quarter 2023 earnings released: EPS: US$0.62 (vs US$0.53 in 1Q 2022) First quarter 2023 results: EPS: US$0.62 (up from US$0.53 in 1Q 2022). Revenue: US$1.30b (up 6.0% from 1Q 2022). Net income: US$142.6m (up 16% from 1Q 2022). Profit margin: 11% (up from 10.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.4% decline forecast for the Electric Utilities industry in Europe. Recent Insider Transactions • Mar 12
Executive VP & COO recently sold €1.3m worth of stock On the 9th of March, Kevin Bryant sold around 23k shares on-market at roughly €56.54 per share. This transaction amounted to 41% 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. Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: US$3.27 (vs US$3.84 in FY 2021) Full year 2022 results: EPS: US$3.27 (down from US$3.84 in FY 2021). Revenue: US$5.86b (up 4.9% from FY 2021). Net income: US$752.7m (down 14% from FY 2021). Profit margin: 13% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 2.7% decline forecast for the Electric Utilities industry in Europe. Aankondiging • Feb 18
S. Carl Soderstrom, Jr. Notifies Evergy, Inc. of His Decision Not to Stand for Re-Election On February 13, 2023, and following over 12 years of service, S. Carl Soderstrom, Jr. notified Evergy, Inc. of his decision not to stand for re-election to the board of directors of the Company (the “Board”) at the 2023 annual meeting of shareholders, and will retire from the Board, effective at the end of his term on May 2, 2023. Mr. Soderstrom advised the Company that his decision not to stand for reelection was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. At this time, the Company does not anticipate appointing a replacement to fill the vacancy that will be created following Mr. Soderstrom’s departure. Mr. Soderstrom intends to continue to serve as a member of the Audit Committee, the Nominating, Governance, and Sustainability Committee, and the Safety and Power Delivery Committee of the Board through the annual shareholder meeting in May 2023. The Company wishes to express its appreciation for Mr. Soderstrom’s more than 12 years of service as a board member. Aankondiging • Feb 06
Evergy, Inc. to Report Q4, 2022 Results on Feb 24, 2023 Evergy, Inc. announced that they will report Q4, 2022 results Pre-Market on Feb 24, 2023 Aankondiging • Jan 27
Global Location Strategies acquired LocationOne and Lasso from Evergy, Inc. (NasdaqGS:EVRG). Global Location Strategies acquired LocationOne and Lasso from Evergy, Inc. (NasdaqGS:EVRG) on January 25, 2023. GLS purchased Evergy's shares of the Lasso and LOIS applications to assume full ownership.
Global Location Strategies completed the acquisition of LocationOne and Lasso from Evergy, Inc. (NasdaqGS:EVRG) on January 25, 2023. Board Change • Nov 17
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Jim Scarola was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 
