Evergy Q3 2024 Earnings Report
Key Takeaways
Evergy announced third quarter 2024 GAAP earnings of $465.6 million, or $2.02 per share, compared to GAAP earnings of $351.6 million, or $1.53 per share, for the third quarter 2023. The company's third quarter 2024 adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) were $465.6 million and $2.02, respectively, compared to $432.3 million and $1.88 in 2023.
Third Quarter 2024 GAAP EPS was $2.02, compared to $1.53 in 2023.
Third Quarter 2024 Adjusted EPS (Non-GAAP) was $2.02, compared to $1.88 in 2023.
The quarterly dividend was increased by 4% to $0.6675 per share.
The company introduced a 2025E-2029E capital investment plan of $16.2 billion.
Evergy
Evergy
Forward Guidance
Evergy reaffirmed its 2024 adjusted earnings per share (EPS) guidance range of $3.73 to $3.93 and established 2025 adjusted EPS guidance of $3.92 to $4.12. Based on our updated financial outlook, we expect long-term adjusted EPS growth in the upper half of our 4% to 6% range starting in 2026.