Energy company Evergy meets Q2 adjusted EPS expectations, reaffirms 2025 guidance

Evergy

07/08/2025 12:22

Overview

Evergy Q2 2025 adjusted EPS meets analyst expectations, per LSEG data

Co's adjusted EPS impacted by milder weather, higher expenses

Evergy reaffirms 2025 adjusted EPS guidance, announces new projects

Outlook

Evergy reaffirms 2025 adjusted EPS guidance of $3.92 to $4.12

Company expects long-term EPS growth of 4% to 6% through 2029

Evergy anticipates EPS growth in upper half of range starting 2026

Result Drivers

MILDER WEATHER - Co attributes 26% decrease in cooling degree days to milder weather, impacting adjusted EPS

HIGHER EXPENSES - Increased operations and maintenance expenses, as well as higher interest and depreciation, negatively affected adjusted EPS

REVENUE RECOVERY - Revenue from recovery of regulated investments and growth in weather-normalized electricity demand partially offset negative impacts

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Meet
$0.82
$0.82 (7 Analysts)
Q2 EPS
$0.74
Q2 Net Income
$171.30 mln
Q2 Dividend
$0.6675


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electric utilities peer group is "buy"

Wall Street's median 12-month price target for Evergy Inc is $74.00, about 1% above its August 6 closing price of $73.25

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw6frJGBa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)