Westar Energy Inc Ks 10-Q Quarterly Report November 2020

KANSAS CITY, MO., August 5, 2020 - Evergy, Inc. (NYSE: EVRG) today announced second quarter 2020 earnings of $133 million, or $0.59 per share, compared with earnings of $140 million, or $0.57 per share, for the second quarter of 2019.

Evergy’s adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) were $154 million and $0.68, respectively, in the second quarter of 2020 compared with $140 million and $0.58, respectively, in the second quarter of 2019. Adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) are reconciled to GAAP earnings in the financial table included in this release.

Second quarter earnings per share were driven higher by favorable weather and lower operations and maintenance expense due to continued cost management and fewer shares outstanding. These benefits were partially offset by the impact of COVID-19 on sales and an adjustment to account for a new Kansas tax law that makes electric utilities income tax-exempt.

“Our team’s unwavering focus on safety, customer service and efficient operations contributed to positive results in the quarter,” said Terry Bassham, Evergy president and chief executive officer. “As we continue to navigate an unprecedented environment, employee and public safety, and ensuring our customers receive reliable energy remain priorities. We enhanced our community giving and introduced flexible payment options to help our customers and communities during these challenging times.”

2020 Outlook

In a separate press release issued today, the Company announced its new Sustainability Transformation Plan to drive increased value and benefits for the Company’s stakeholders. Including the contributions from this plan, Evergy expects 2020 GAAP EPS of $2.66 to $2.86 and 2020 adjusted EPS of $2.90 to $3.10. Adjusted EPS (non-GAAP) is reconciled to GAAP EPS in the financial table included in this release.

Dividend Declaration

The Board of Directors declared a dividend on the company’s common stock of $0.505 per share payable on September 21, 2020. The dividends are payable to shareholders of record as of August 20, 2020.

______________________________________________________________________________________________________

evergyinc.com

The following information was filed by Westar Energy Inc Ks on Wednesday, August 5, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

Please wait while we load the requested 10-Q report or click the link below:

https://last10k.com/sec-filings/report/54507/000171126920000060/evrg-20200930.htm

View differences made from one quarter to another to evaluate Westar Energy Inc Ks's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ) — *Sample 10-K Year-over-Year (YoY) Comparison*

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were ~~removed~~ , added and changed by Westar Energy Inc Ks.

Continue

Assess how Westar Energy Inc Ks's management team is paid from their Annual Proxy

Westar Energy Inc Ks's Definitive Proxy Statement (Form DEF 14A) filed after their 2020 10-K Annual Report includes:

Voting Procedures
Board Members
Executive Team
Salaries, Bonuses, Perks
Peers / Competitors

Continue

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Material Contracts, Statements, Certifications & more

Westar Energy Inc Ks provided additional information to their SEC Filing as exhibits

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.3: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.4: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.5: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.6: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Exhibit 32.2: Section 1350 Certification

Exhibit 32.3: Section 1350 Certification

CIK: 54507
Form Type: 10-Q Quarterly Report
Accession Number: 0001711269-20-000060
Submitted to the SEC: Wed Nov 04 2020 7:43:34 PM EST
Accepted by the SEC: Thu Nov 05 2020
Period: Wednesday, September 30, 2020
Industry: Electric Services

External Resources:

Bookmark the Permalink:
https://last10k.com/sec-filings/54507/0001711269-20-000060.htm

Evergy Kansas Central, Inc. (54507) SEC Filing 10-Q Quarterly report for the period ending Wednesday, September 30, 2020

SEC Filings

54507 Annual Reports

54507 Quarterly Reports

54507 Corporate News