Evergy Guides FY23 In Line With Estimates - Update

RTTNews | 832 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 Economic News Preview: Germany Industrial Output, Foreign Trade Data Due

European Economic News Preview: Germany Industrial Output, Foreign Trade Data Due

Industrial production and foreign trade from Germany and house prices from the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production and foreign trade data. Economists forecast industrial output to fall 0.9 percent on a monthly basis in April, in contrast to the 3.0 percent rise in March.
RTTNews | 50 minutes ago
Sensex, Nifty Seen Little Changed Before RBI's Rate Decision

Sensex, Nifty Seen Little Changed Before RBI's Rate Decision

Indian shares look set to open on a flat note Friday as investors await the Reserve Bank of India's (RBI) monetary policy decision later in the day, with the central bank widely expected to cut interest rates by 25 basis points for the third consecutive time.
RTTNews | 3h 33min ago
Asian Shares Muted In Lackluster Trade

Asian Shares Muted In Lackluster Trade

Asian stocks were mixed in lackluster trade on Friday despite U.S. President Donald Trump describing a phone call with his Chinese counterpart as "very good" and saying it "resulted in a very positive conclusion for both countries."
RTTNews | 3h 40min ago
Thai Stock Market May Head South Again On Friday

Thai Stock Market May Head South Again On Friday

The Thai stock market on Thursday ended the two-day slide in which it had slumped more than 30 points or 2.4 percent. The Stock Exchange of Thailand now rests just above the 1,140-point plateau although it may tick lower again on Friday.
RTTNews | 4h 38min ago
China Shares Due For Consolidation On Friday

China Shares Due For Consolidation On Friday

The China stock market has finished higher in three straight sessions, advancing more than 35 points or 1.1 percent along the way. The Shanghai Composite Index now sits just above the 3,375-point plateau although it's looking at a soft start on Friday.
RTTNews | 5h 38min ago
Hong Kong Bourse May Spin Its Wheels On Friday

Hong Kong Bourse May Spin Its Wheels On Friday

The Hong Kong stock market has moved higher in three consecutive sessions, accelerating almost 750 points or 3.5 percent along the way. The Hang Seng Index now sits just above the 23,900-point plateau although it's likely to be stuck in neutral on Friday.
RTTNews | 6h 8min ago
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