Evergy narrows FY23 EPS view to $3.55-$3.65 from $3.55-$3.75, consensus $3.63

The company said, “The Company revised its 2023 GAAP EPS guidance range to $3.22 to $3.32 from its original guidance of $3.55 to $3.75 and narrowed its 2023 adjusted EPS (non-GAAP) guidance range to $3.55 to $3.65 from its original guidance of $3.55 to $3.75. Additionally, the Company issued its new long-term adjusted EPS (non-GAAP) annual growth target of 4% to 6% through 2026 off the original $3.65 midpoint of 2023 guidance. The 2023 midpoint of $3.65 also represents a 5% CAGR off our initial 2021 adjusted earnings per share guidance midpoint of $3.30. Adjusted EPS (non-GAAP) guidance is reconciled to GAAP EPS guidance in the financial table included in this release.”