Evergy extends demand growth forecast on data center deals [Reuters]
Evergy, Inc. (EVRG)
Last evergy, inc. earnings: 11/6 04:30 pm
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Source: Reuters
closing deals to provide power for new Google, Panasonic and Meta data centers, executives at the Missouri electric utility said on Thursday. Evergy has signed deals with the technology majors on projects of a combined 750 megawatts of capacity in Kansas and Missouri. "Each will be the largest customer in their respective jurisdiction by a wide margin," Evergy CEO David Campbell said in a first-quarter earnings call. Evergy missed Wall Street estimates for first-quarter profit on higher expenses and mild winter weather in its service areas. The company mild winter weather affected retail sales, reducing earnings in the quarter by about 7 cents per share compared to a typical winter. Warmer-than-usual winter weather often reduces heating demand for electricity and natural gas, affecting utility companies such as Evergy. Report this ad The company's operating expenses rose 5.2% to $1.07 billion in the quarter from a year earlier, while quarterly interest expenses rose 8.2%
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EVRG
News
- Evergy, Inc. (NYSE: EVRG) had its price target raised by analysts at Barclays PLC from $56.00 to $61.00. They now have an "overweight" rating on the stock.MarketBeat
- Evergy, Inc. (NASDAQ:EVRG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Evergy (EVRG) Q1 Earnings Lag Estimates, Revenues Up Y/Y [Yahoo! Finance]Yahoo! Finance
- Evergy misses quarterly profit view on higher expenses, mild weather [Yahoo! Finance]Yahoo! Finance
- Evergy Announces First Quarter 2024 Results, Declares Quarterly Dividend and Reaffirms 2024 GuidanceBusiness Wire
EVRG
Earnings
- 5/9/24 - Miss
EVRG
Sec Filings
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- EVRG's page on the SEC website