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Dec 31, 2019
Evergy Q4 2019 Earnings Report
Evergy's Q4 2019 earnings increased compared to Q4 2018, driven by the merger plan and cost reduction efforts.
Key Takeaways
Evergy reported Q4 2019 earnings of $64 million, or $0.28 per share, compared to $19 million, or $0.07 per share in Q4 2018. Adjusted earnings (non-GAAP) were $73 million, or $0.32 per share, compared to $39 million, or $0.15 per share in the same period last year. The company's five-year capital plan was updated to $7.6 billion through 2024.
Q4 2019 earnings were $64 million, or $0.28 per share.
Adjusted earnings (non-GAAP) for Q4 2019 were $73 million, or $0.32 per share.
The five-year capital plan increased to $7.6 billion through 2024.
The company completed 75% of its share repurchase program and halted the remainder to invest in infrastructure.
Forward Guidance
Evergy is focused on modernizing and hardening the electric grid to support quality service for customers through its capital plan.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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