Evergy to Release Q4 Earnings: Here's What You Need to Know

Evergy EVRG is scheduled to release fourth-quarter 2024 results on Feb. 27, before market open. The company delivered an earnings surprise of 3.6% in the last reported quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Major Factors That Might Have Impacted EVRG's Q4 EarningsEvergy’s fourth-quarter earnings are expected to have benefited from ongoing investments targeted toward grid modernization. The bottom line is likely to have gained from energy efficiency programs and cost-saving initiatives.The company is also projected to have continued to benefit from economic development in its service territories and consequent growth in demand.  However, higher depreciation and interest expenses are likely to have adversely impacted the bottom line in the to-be-reported quarter.EVRG’s Q4 ExpectationsThe Zacks Consensus Estimate for earnings is pegged at 37 cents per share, implying a year-over-year increase of 37%.The Zacks Consensus Estimate for revenues is pinned at $1.19 billion, indicating an increase of 0.5% from the year-ago reported figure.What Our Quantitative Model PredictsOur proven model does not conclusively predict an earnings beat for Evergy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here, as you will see below.   Evergy Inc. Price and EPS Surprise Evergy Inc. price-eps-surprise | Evergy Inc. QuoteEarnings ESP: The company’s Earnings ESP is -1.82%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Currently, Evergy carries a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here.Recent ReleasesEversource Energy ES reported fourth-quarter 2024 adjusted earnings of $1.01 per share, which surpassed the Zacks Consensus Estimate of 99 cents by 2%.ES’ long-term (three to five years) earnings growth rate is 5.66%. The Zacks Consensus Estimate for 2025 sales is pinned at $12.91 billion, implying a year-over-year increase of 8.5%.DTE Energy Company DTE reported fourth-quarter 2024 operating earnings per share of $1.51, which beat the Zacks Consensus Estimate of $1.46 by 3.4%.DTE’s long-term earnings growth rate is 7.57%. The Zacks Consensus Estimate for 2025 sales is pinned at $12.98 billion, implying a year-over-year increase of 4.2%.Exelon Corporation’s EXC fourth-quarter 2024 earnings of 64 cents per share surpassed the Zacks Consensus Estimate of 59 cents by 8.5%.EXC’s long-term earnings growth rate is 5.71%. The Zacks Consensus Estimate for 2025 sales is pinned at $23.8 billion, implying a year-over-year increase of 3.4%. Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis Report Evergy Inc. (EVRG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks