Evergy, Inc. (NYSE:EVRG) is set to announce third quarter earning results on Thursday 5th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, EVRG to report 3Q20 income of $ 1.57 per share.
For the full year, analysts anticipate top line of $ 5030.01 million, while looking forward to income of $ 3.00 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.90 ~ $ 3.10 per share
Click Here For More Historical Outlooks Of Evergy, Inc.
Previous Quarter Performance
Evergy, Inc. posted income for the second quarter of $ 0.68 per share, from the revenue of $ 1,185.00 million. The quarterly earnings extended 17.24 percent while revenues dropped 3.00 percent compared with the same quarter last year. The top line results fell short of analysts by $ 49.01 million or 3.97 percent.
Stock Performance
Shares of Evergy, Inc. traded low $ -1.21 or -2.12 percent on Wednesday, reaching $ 55.77 with volume of 1.52 million shares. Evergy, Inc. has traded high as $ 57.85 and has cracked $ 55.48 on the downward trend
The closing price of $ 55.77, representing a 35.63 % increase from the 52 week low of $ 42.01 and a 25.58 % decrease over the 52 week high of $ 76.57.
The company has a market capital of $ 12.65 billion and is part of the Utilities sector and Utilities – Regulated Electric industry.
Recent Analyst recommendations
- On 15th October 2020, upgraded by Wells Fargo & Co to Overweight from Equal-Weight rating.
Recent Stock Dividend Announcement
On August 5, 2020, the board of directors authorized quarterly dividend of $ 0.505 per share to holders of record as of the close of business on August 20, 2020, with payment date of September 21, 2020 and ex-dividend date on August 19, 2020.
Conference Call
Evergy, Inc. will be hosting a conference call at 9:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.evergyinc.com
Evergy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri. It generates electricity through coal and wind, as well as other renewable, uranium, natural gas and oil, hydroelectric, landfill gas, and solar energy sources. The company has approximately 13,700 circuit miles of transmission lines; 39,700 circuit miles of overhead distribution lines; and 12,500 circuit miles of underground distribution lines.
