Rate hike listed as biggest driver of Evergy earnings [Yahoo! Finance]
Evergy, Inc. (EVRG)
Last evergy, inc. earnings: 11/6 04:30 pm
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Source: Yahoo! Finance
The company will now be increasing its dividends to shareholders and is projecting higher stock prices in 2025. Evergy had originally asked for a rate hike of $204 million for former Westar customers and an increase of $14 million for Evergy Kansas Metro customers in the Kansas City metro area. Instead, a settlement agreement with the Kansas Corporation Commission agreed to pass the cost of $74 million onto central Kansas customers. Evergy customers saw their monthly bills increase by $4.64 in December 2023. Evergy Metro customers saw their bills decrease by $6.07. Heavily trafficked Junction City bridge in critical condition Evergy said in its third quarter report that its primary earnings driver was the new retail rates followed by load growth and Federal Energy Regulatory Commission (FERC) investments. As a result of higher earnings, the company agreed to increase dividends to shareholders by 4% to $2.67 per share, annualized. “Over six years without base rate increases,
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EVRG
News
- Evergy's (NASDAQ:EVRG) Upcoming Dividend Will Be Larger Than Last Year's [Yahoo! Finance]Yahoo! Finance
- Evergy Reports Strong Q3 Earnings and Investment Plans [Yahoo! Finance]Yahoo! Finance
- Evergy Inc (EVRG) Q3 2024 Earnings Call Highlights: Strong EPS Growth and Strategic Investments ... [Yahoo! Finance]Yahoo! Finance
- Decoding Evergy Inc (EVRG): A Strategic SWOT Insight [Yahoo! Finance]Yahoo! Finance
- Evergy's Q3 Earnings Beat Estimates, Revenues Increase Y/Y [Yahoo! Finance]Yahoo! Finance
EVRG
Earnings
- 11/7/24 - Beat
EVRG
Sec Filings
- 11/14/24 - Form 4
- 11/13/24 - Form 144
- 11/8/24 - Form 8-K
- EVRG's page on the SEC website