Overview
US electric utility's Q1 adjusted EPS rose, beating analyst expectations
GAAP EPS increased to $0.64 from $0.54 a year ago
Company signed new large customer electric service agreement and reaffirmed 2026 EPS guidance
Outlook
Evergy reaffirms 2026 adjusted EPS guidance of $4.14 to $4.34
Evergy maintains long-term adjusted EPS annual growth target of 6% to 8%+ through 2030
Company expects annual adjusted EPS growth to exceed 8% beginning in 2028 and through 2030
Result Drivers
REGULATED INVESTMENT RECOVERY - Co said Q1 adjusted EPS benefited from recovery of regulated investments
WEATHER-NORMALIZED DEMAND - Growth in weather-normalized demand contributed to higher adjusted EPS
LARGE CUSTOMER AND OTHER REVENUES - Higher large customer and other revenues supported results
Company press release: ID:nBw4ZqX6ta
Key Details
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(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.)