2020-11-05 07:05:18 EVRG Evergy
11/05/20 11/0507:05 11/05/2007:05 | Evergy reports Q3 EPS $1.73, consensus $1.57Third quarter earnings per share were driven higher by lower operations and maintenance expense due to continued cost management, an increase in weather-normalized demand due to higher residential demand and fewer shares outstanding. These benefits were partially offset by lower gross margin from unfavorable weather. "Our team's focus on execution is reflected in great results this quarter," said Terry Bassham, Evergy president and chief executive officer. "We remain focused on responsible cost reductions and ramping up infrastructure investment consistent with our Sustainability Transformation Plan to drive long-term value for both customers and shareholders." |
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