EarningsEvergy, Inc. shares are expected to experience multiple expansion due to a balanced outcome in the Kansas Central rate case.
Growth ProspectsEvergy remains on the Focus List as a company positioned to benefit from datacenter growth in Missouri and Kansas given its access to gas infrastructure, affordable rates, improving regulatory environments, and access to capital markets while trading at a discounted valuation multiple.
Regulatory EnvironmentEvergy is expected to benefit from an improving regulatory backdrop in their Missouri jurisdiction.