Evergy Inc
EVRG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$92.00 | Mgzdmk | Kyydvhf |
Evergy Earnings: Developments Point Toward Growth Upside; One of the Cheapest US Utilities
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.