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Dec 31, 2023
Evergy Q4 2023 Earnings Report
Evergy's Q4 2023 earnings decreased compared to the previous year, but the company managed costs and advanced its strategic objectives.
Key Takeaways
Evergy reported Q4 2023 GAAP earnings of $58.0 million, or $0.25 per share, compared to $7.5 million, or $0.03 per share, for Q4 2022. Adjusted earnings (non-GAAP) were $61.1 million, or $0.27 per share, compared to $68.6 million, or $0.30 per share, in Q4 2022. The company issued 2024 GAAP and adjusted EPS guidance of $3.73 to $3.93.
Q4 2023 GAAP earnings were $58.0 million, or $0.25 per share.
Q4 2023 adjusted earnings (non-GAAP) were $61.1 million, or $0.27 per share.
The company advanced strategic objectives of affordability, reliability, and sustainability.
Evergy issued 2024 GAAP and adjusted EPS guidance of $3.73 to $3.93.
Forward Guidance
The Company issued its 2024 GAAP EPS guidance range of $3.73 to $3.93, along with its 2024 adjusted EPS (non-GAAP) guidance range of $3.73 to $3.93. Additionally, the Company reaffirmed its long-term adjusted EPS (non-GAAP) annual growth target of 4% to 6% through 2026 off the original $3.65 midpoint of 2023 adjusted EPS guidance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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