Evergy misses Q3 adjusted EPS estimates, narrows FY forecast due to cooler weather

Evergy

06/11/2025 12:15

Overview

Evergy Q3 2025 adjusted EPS of $2.03 misses analyst expectations

Company increases quarterly dividend by 4% to $0.695 per share

Evergy narrows 2025 adjusted EPS guidance to $3.92-$4.02 due to cooler weather

Outlook

Evergy narrows 2025 adjusted EPS guidance to $3.92-$4.02 due to cooler summer weather

Company reaffirms long-term adjusted EPS growth target of 4%-6% through 2029

Evergy expects adjusted EPS growth in upper half of 4%-6% range starting 2026

Result Drivers

REGULATED INVESTMENTS - Recovery of regulated investments contributed to higher adjusted EPS

COST MITIGATION - Cost and mitigation actions implemented but did not fully offset weather impacts

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Miss
$2.03
$2.06 (7 Analysts)
Q3 EPS
$2.03
Q3 Net Income
$475 mln
Q3 Dividend
$0.70


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 $80.00, about 4% above its November 5 closing price of $76.77

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

Press Release: ID:nBw4nV9dMa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)