Evergy reports Q4 adjusted EPS 27c, consensus 29c

“In 2023, we advanced our strategic objectives of affordability, reliability and sustainability. The Kansas rate case settlement delivered significant benefits for customers and enhanced our regional rate competitiveness, we achieved a nearly 10% improvement in reliability, and we furthered our responsible energy transition with the addition of the Persimmon Creek wind farm,” said David Campbell, Evergy president and chief executive officer. “Our financial results reflect challenges from the higher interest rate environment, regulatory lag, and mild weather at the end of the year, partially offset by company-wide efforts to manage costs, which resulted in 12% lower adjusted O&M relative to 2022. Looking ahead, we remain laser-focused on operational and financial execution and advancing constructive regulatory policies to help ensure that Kansas and Missouri are competitive in attracting investment capital and well-positioned to capitalize on historic economic development opportunities.”