Evergy's (EVRG) Q2 Earnings and Revenues Miss Estimates

NEE FE D EVRG

Evergy, Inc. (EVRG - Free Report) reported second-quarter 2019 operating earnings of 58 cents per share, lagging the Zacks Consensus Estimate of 60 cents by 3.3%. The second-quarter earnings were impacted by unfavorable weather conditions in its service territories.

GAAP earnings in the reported quarter were 57 cents compared with 90 cents in the year-ago period.

Total Revenues

Evergy’s total revenues came in at $1,221.7 million, improving 36.8% year over year. However, the top line lagged the Zacks Consensus Estimate of $1,330 million by 8.4%.

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