Yahoo Finance Evergy Full Year 2023 Earnings: Misses Expectations
Evergy (NASDAQ:EVRG) Full Year 2023 Results
Key Financial Results
Revenue: US$5.51b (down 6.0% from FY 2022).
Net income: US$731.3m (down 2.8% from FY 2022).
Profit margin: 13% (in line with FY 2022).
EPS: US$3.18 (down from US$3.27 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Evergy Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 14%.
Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Electric Utilities industry in the US.
Performance of the American Electric Utilities industry.
The company's shares are down 2.9% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Evergy (including 1 which makes us a bit uncomfortable).
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