Evergy Guides FY23 In Line With Estimates - Update

RTTNews | 969 days ago
Stocktwits
Evergy Guides FY23 In Line With Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Friday, Evergy, Inc. (EVRG) initiated its earnings and adjusted earnings guidance for the full-year 2023. It also reaffirmed long-term adjusted earnings growth outlook.

For fiscal 2023, the company now projects both earnings and adjusted earnings in a range of $3.55 to $3.75 per share.

On average, nine analysts polled by Thomson Reuters expected the company to report earnings of $3.66 per share for the year. Analysts' estimates typically exclude special items.

The company also reaffirmed its long-term adjusted earnings annual growth target of 6 to 8 percent through 2025 from the $3.30 midpoint of the original 2021 adjusted earnings guidance range.

The company's Board of Directors also declared a dividend on the company's common stock of $0.6125 per share, payable on March 22, 2023 to shareholders of record as of March 9, 2023.

The Company also updated its five-year capital investment plan to $11.6 billion from 2023 through 2027.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: EVRG
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European Stocks Broadly Higher; Defense Stocks Move Up

European Stocks Broadly Higher; Defense Stocks Move Up

European stocks are broadly higher on Monday, led by gains in the defense sector, amid geopolitical tensions. Easing concerns about the health of the US banking sector, and expectations of improved trade relations between China and the U.S. contribute to the positive mood in the markets.
RTTNews | 19 minutes ago
FTSE 100 Modestly Higher; Defence Stocks Shine

FTSE 100 Modestly Higher; Defence Stocks Shine

The UK stock market is modestly higher on Monday, supported by gains in shares of defence and financial companies. In addition to tracking the developments on the geopolitical and trade front, investors are also reacting to some corporate news.
RTTNews | 1h 5min ago
Sensex, Nifty Close Higher For 4th Straight Session

Sensex, Nifty Close Higher For 4th Straight Session

Indian shares closed higher for a fourth straight session on Monday, as encouraging results from Reliance Industries and several banks helped lift sentiment. Easing concerns about U.S.-China trade tensions contributed as well to the positive show by the market.
RTTNews | 1h 21min ago
Asian Markets Close Higher

Asian Markets Close Higher

Asian markets finished trading on a strongly positive note on Monday, tracking the Wall Street rally on Friday linked to easing trade tensions between the U.S. and China.
RTTNews | 1h 53min ago
DAX Rises More Than 1% On Easing US Bank Concerns, U.S.-China Relations

DAX Rises More Than 1% On Easing US Bank Concerns, U.S.-China Relations

German stocks are gaining some notable ground in positive territory on Monday, recovering well from previous session's sharp decline. Easing concerns about the health of the US banking sector, and expectations of improved trade relations between China and the U.S. contribute to the positive mood in the market.
RTTNews | 2h 46min ago
Yen Falls Amid Japan Political Jitters

Yen Falls Amid Japan Political Jitters

The Japanese yen weakened against other major currencies in the Asian session on Monday, amid renewed concerns about Japan's fiscal crisis.
RTTNews | 4h 19min ago
China GDP Growth Softens Less Than Expected

China GDP Growth Softens Less Than Expected

China's economic growth eased less than feared in the third quarter, indicating that the country remains on track to achieve its full year target despite tariff tensions and deepening property market downturn. Gross domestic product expanded 4.8 percent on a yearly basis in the third quarter after rising 5.2 percent a quarter ago, the National Bureau of Statistics reported Monday.
RTTNews | 4h 36min ago
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