Total revenue came in at $1.30 billion, topping analysts' average estimate of $1.24 billion, according to Refinitiv data. The Kansas-based company also managed to bring down its operating and maintenance costs, largely owing to lower employee benefit expenses due to a reduced headcount.
It also helped offset sharply higher borrowing costs stemming from Federal Reserve's interest rate hikes, the company said.
Evergy reaffirmed its adjusted profit forecast of $3.55 to
$3.75 per share for the full year.
(Reporting by Saikeerthi in Bengaluru; Editing by Shweta
Agarwal)
