Evergy Q2 Adj EPS $0.81 Beats $0.79 Estimate, Sales $1.35B Beat $1.24B Estimate.
Portfolio Pulse from Benzinga Newsdesk
Evergy reported Q2 adjusted earnings of $0.81 per share, beating the analyst consensus estimate of $0.79 by 2.53%. However, this is a 5.81% decrease from the same period last year. The company also reported quarterly sales of $1.35 billion, surpassing the analyst consensus estimate of $1.24 billion by 9.11%, but this is a 6.43% decrease from the same period last year.

August 04, 2023 | 2:59 pm
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NEUTRAL IMPACT
Evergy's Q2 earnings and sales beat estimates but are down YoY. This mixed result could lead to uncertain market reactions.
Evergy's earnings and sales beat estimates, which is generally positive for the stock. However, the YoY decrease in both earnings and sales could be a concern for investors, leading to potential uncertainty in the stock's short-term performance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100