Evergy, Inc. (EVRG) released earnings for first quarter that decreased from last year and missed the Street estimates.
The company's bottom line totaled $122.7 million, or $0.53 per share. This compares with $142.6 million, or $0.62 per share, in last year's first quarter.
Excluding items, Evergy, Inc. reported adjusted earnings of $124.7 million or $0.54 per share for the period.
Analysts on average had expected the company to earn $0.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Evergy, Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $122.7 Mln. vs. $142.6 Mln. last year.
-EPS (Q1): $0.53 vs. $0.62 last year.
-Guidance:
Full year EPS guidance: $3.73 to $3.93
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