Evergy Inc Stock Price, News & Analysis

Spire and Evergy have launched the Pay As You Save® (PAYS) program in Missouri, enabling customers to make energy-efficiency upgrades with minimal upfront costs. This collaboration allows for upgrades like air conditioners and insulation, financed through fixed monthly utility charges. Customers can benefit from a free energy assessment to identify cost-effective improvements. The program aims to lower utility bills while enhancing energy efficiency. Notably, this is the first joint offering between Spire and Evergy, expanding access to energy-saving strategies for customers.

Evergy, Inc. (NYSE: EVRG) reported a first-quarter 2022 GAAP EPS of $0.53, down from $0.84 in Q1 2021, with adjusted EPS rising to $0.58 from $0.55 year-over-year. The company declared a quarterly dividend of $0.5725 per share, payable on June 20, 2022, for shareholders on record as of May 20, 2022. The 2022 GAAP EPS guidance is set between $3.38 and $3.58, reaffirming its adjusted EPS guidance of $3.43 to $3.63, targeting annual growth of 6% to 8% through 2025. The management emphasized a strong start to the year, focusing on providing sustainable energy.

On May 3, 2022, Evergy will hold its 2022 Annual Meeting of Shareholders virtually, starting at 11:00 a.m. Eastern. Shareholders can join via www.virtualshareholdermeeting.com/EVRG2022. The agenda includes the election of 12 Board members and other business matters. Headquartered in Kansas City, Evergy serves 1.6 million customers across Kansas and Missouri, focusing on sustainable energy and customer service.

Evergy, Inc. (NYSE: EVRG) will announce its Q1 2022 earnings on May 5, 2022, prior to market open. A conference call to discuss the results will occur the same day at 9:00 a.m. Eastern. Investors can join via phone at (888) 353-7071 (Conference ID: 4766027) or by accessing the webcast at investors.evergy.com. Supplemental financial information will be available on their website. A replay of the call will be accessible from 1 p.m. on May 5 through May 12, 2022.

Evergy, Inc. (NYSE: EVRG) reported a 2021 GAAP EPS of $3.83, rising from $2.72 in 2020, with adjusted EPS at $3.54. The company declared a quarterly dividend of $0.5725 per share, payable on March 21, 2022. Evergy reaffirmed its 2022 EPS guidance at $3.43 to $3.63 and updated its $10.7 billion capital plan for 2022-2026, focusing on grid modernization and renewable energy investments. Despite fourth quarter challenges due to weather impacts and operational costs, Evergy aims for long-term growth and sustainability.

Spirit AeroSystems announced its transition to 100% wind-generated electricity at its Kansas headquarters. This initiative promotes environmental responsibility and aims for a 30% reduction in greenhouse gas emissions by 2030. The Wichita facility, employing around 10,000 staff, will source its wind power from a local wind farm involving 62 turbines and increase its global renewable electricity percentage to 75%. The project supports operational efficiency and competitiveness, aligning with Spirit's sustainability goals, while also benefiting the local economy through job creation.

Evergy, Inc. (NYSE: EVRG) will release its Q4 2021 earnings on February 25, 2022, before market open. The company will host a conference call and audio webcast at 9:00 a.m. Eastern to discuss the results. Supplemental financial information will be available on its website, and a replay of the call will be accessible from 1 p.m. Eastern, February 25, through March 11, 2022. Evergy serves 1.6 million customers in Kansas and Missouri and aims to provide clean, reliable energy, with half of its power from emission-free sources.