The company said full-year 2023 GAAP net income attributable to Evergy, Inc. was $731.3 million, or $3.17 per share, compared with $752.7 million, or $3.27 per share, for 2022.

1. 01

   The company said full-year 2023 GAAP net income attributable to Evergy, Inc. was $731.3 million, or $3.17 per share, compared with $752.7 million, or $3.27 per share, for 2022.

2. 02

   The company said full-year 2023 adjusted earnings (non-GAAP) were $815.6 million, or $3.54 per share, compared with $853.8 million, or $3.71 per share, in 2022. It cited higher interest expense, higher depreciation and amortization, and unfavorable weather compared with the prior year as factors in adjusted EPS.

3. 03

   Evergy gave 2024 GAAP and adjusted (non-GAAP) EPS guidance ranges of $3.73 to $3.93. The company said it reaffirmed its long-term adjusted EPS (non-GAAP) annual growth target of 4% to 6% through 2026, based on the original 2023 adjusted EPS guidance midpoint of $3.65.

4. 04

   The company said it updated its 5-year capital investment plan to $12.5 billion for 2024 through 2028. Its board also declared a quarterly dividend of $0.6425 per common share, payable on March 22, 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.