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Evergy Inc - Stock Quote EVRG

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Morningstar's Evergy Inc Stock Analysis

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Evergy's Growth Plan On Track Heading Into Regulatory Negotiations

Travis Miller Strategist

Analyst Note

| Travis Miller |

We are reaffirming our $62 per share fair value estimate for Evergy after the company reported earning $0.58 per share on an adjusted basis during the first quarter, up 6% from the first quarter of 2021. Performance is on track to meet our full-year expectations. We are reaffirming our narrow moat and stable moat trend ratings.

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Evergy Inc's Company Profile

Business Description

Evergy is a regulated electric utility serving eastern Kansas and western Missouri. Major operating subsidiaries include Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission Co. The utility has a combined rate base of approximately $16 billion, about half in Kansas and the rest split between Missouri and federal jurisdiction. Evergy is one of the largest wind energy suppliers in the U.S.

1200 Main Street
Kansas City, MO, 64105
T +1 816 556-2200
Sector Utilities
Industry Utilities - Regulated Electric
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type Classic Growth
Employees 4,930

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