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Jun 30, 2023
Evergy Q2 2023 Earnings Report
Evergy's second quarter earnings decreased compared to the same period last year, but the company reaffirmed its full-year guidance.
Key Takeaways
Evergy reported GAAP earnings of $179.1 million, or $0.78 per share, for the second quarter of 2023, compared to $194.5 million, or $0.84 per share, for the second quarter of 2022. Adjusted earnings (non-GAAP) were $186.1 million, or $0.81 per share, compared to $194.5 million, or $0.84 per share, in 2022. 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.
Second Quarter 2023 GAAP EPS was $0.78, compared to $0.84 in 2022.
Second Quarter 2023 Adjusted EPS (Non-GAAP) was $0.81, compared to $0.84 in 2022.
A quarterly dividend of $0.6125 per share was declared.
2023 GAAP EPS Guidance is $3.55 to $3.75; 2023 Adjusted EPS (Non-GAAP) Guidance of $3.55 to $3.75 was reaffirmed.
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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