Evergy Inc

EVRG: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$53.00	Wlkkgf	Lksqtrqbv

Evergy Earnings: Developments Point Toward Growth Upside; One of the Cheapest US Utilities

Travis Miller

May 9, 2024

We are reaffirming our $65 fair value estimate and narrow moat rating for Evergy after management reported $0.54 per share of adjusted earnings during the first quarter, on track to meet our full-year outlook. Management reaffirmed its $3.73-$3.93 EPS guidance for 2024, in line with our estimate.

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