Evergy Inc

EVRG: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$81.00	Qmxcvd	Pjbvybyns

Evergy Earnings: Economic Development Offers Upside; One of the Cheapest US Utilities

Travis Miller

Aug 13, 2024

We are reaffirming our $65 fair value estimate and narrow moat rating for Evergy after management reported $0.90 per share of adjusted earnings during the second quarter. Year-to-date earnings are 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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