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Evergy earnings on deck: Can growth outlook justify valuation?
Evergy Inc. is due to report fourth-quarter earnings, with analysts expecting 54 cents per share on $1.41 billion in revenue. Investors are keenly awaiting the utility’s updated long-term growth outlook, particularly concerning the data center construction boom in Kansas and Missouri, which could significantly impact future electricity demand. The company’s valuation, currently trading near the industry average, hinges on its ability to demonstrate actionable growth strategies and manage regulatory challenges, especially after a recent earnings miss and a downgrade from UBS.