Evergy Inc
EVRG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$13.00 | Ddrtdb | Rtfzsgvx |
Evergy Earnings: Economic Development Offers Upside; One of the Cheapest US Utilities
We are reaffirming our $65 fair value estimate and narrow moat rating for Evergy after management reported $0.90 per share of adjusted earnings during the second quarter. Year-to-date earnings are on track to meet our full-year outlook. Management reaffirmed its $3.73-$3.93 EPS guidance for 2024, in line with our estimate.