Evergy Q1 2023 Earnings Report
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.
Evergy
Evergy
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.