Top Wall Street forecasters revise Evergy share price forecasts ahead of Q2 earnings release – Evergy (NASDAQ:EVRG)

Evergy, Inc. EVRG is expected to release second quarter results before the market opens on August 9, 2024.

Analysts expect the Kansas City, Missouri-based company to report quarterly earnings of 89 cents per share, compared with 81 cents per share in the year-ago period. Evergy is expected to report quarterly revenue of $1.36 billion, compared with $1.35 billion a year ago, according to data from Benzinga Pro.

On June 10, Evergy announced the resignation of Executive Vice President and Chief Financial Officer (CFO) Kirk Andrews.

Evergy shares fell 0.1% to close at $59.00 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change, or other variables.

Let’s take a look at how Benzinga’s most accurate analysts have rated the company over the last period.

• Barclays analyst Nicholas Campanella maintained an overweight rating and raised the price target from $56 to $61 on May 14. This analyst’s hit rate is 62%.
• Wells Fargo analyst Sarah Akers maintained an overweight rating and raised the price target from $57 to $62 on May 10. This analyst’s hit rate is 71%.
• Ladenburg Thalmann analyst Paul Fremont initiated coverage on the stock on April 4 with a neutral rating and a $51 price target. This analyst has a 60% hit rate.
• Citigroup analyst Ryan Levine initiated coverage on the stock on March 26 with a Buy rating and a $64 price target. This analyst’s hit rate is 64%.
• B of A Securities analyst Julien Dumoulin-Smith upgraded the stock from Neutral to Buy on March 13 and raised the price target from $51 to $57. This analyst’s hit rate is 68%.

Are you considering buying EVRG shares? This is what the analysts think:

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