Earnings Outlook For Evergy
Portfolio Pulse from Benzinga Insights
Evergy (NASDAQ:EVRG) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with analysts expecting an EPS of $0.29. Historical data shows mixed reactions to past earnings reports, with the last quarter's beat resulting in a 1.49% drop in share price. Over the last year, Evergy's shares have declined by 14.64%, indicating a bearish sentiment among long-term shareholders.

February 28, 2024 | 2:01 pm
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Evergy is expected to announce its quarterly earnings with an anticipated EPS of $0.29. Historical performance shows a mixed impact on stock prices post-earnings, with a recent decline of 14.64% over the past year.
Given Evergy's mixed historical earnings performance and the recent downward trend in its stock price, the upcoming earnings report could maintain the current stock price level if it meets or exceeds expectations. However, investor sentiment seems bearish, indicating that significant positive news might be required to notably impact the stock price in the short term.
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