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Mar 31, 2023
Evergy Q1 2023 Earnings Report
Evergy's first quarter earnings were announced, revealing increased GAAP EPS and adjusted EPS compared to the previous year, along with reaffirmation of 2023 guidance and declaration of a quarterly dividend.
Key Takeaways
Evergy reported a solid start to 2023 with GAAP earnings of $143 million, or $0.62 per share, and adjusted earnings (non-GAAP) of $136 million, or $0.59 per share. The company reaffirmed its 2023 GAAP EPS guidance range of $3.55 to $3.75 and its adjusted EPS (Non-GAAP) guidance range of $3.55 to $3.75. A quarterly dividend of $0.6125 per share was declared.
GAAP EPS increased to $0.62, compared to $0.53 in the previous year.
Adjusted EPS (Non-GAAP) rose to $0.59, compared to $0.56 in the previous year.
A quarterly dividend of $0.6125 per share was declared.
2023 GAAP EPS guidance of $3.55 to $3.75 was reaffirmed, along with adjusted EPS (Non-GAAP) guidance of $3.55 to $3.75.
Forward Guidance
The Company reaffirmed its 2023 GAAP EPS guidance range of $3.55 to $3.75, along with its 2023 adjusted EPS (Non-GAAP) guidance range of $3.55 to $3.75. Additionally, the Company reaffirmed its long-term adjusted EPS (Non-GAAP) annual growth target of 6% to 8% through 2025 from the $3.30 midpoint of the original 2021 adjusted EPS (Non-GAAP) guidance range.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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