Picture of Evergy logo

EVRG Evergy News Story

0.000.00%
us flag iconLast trade - 00:00
UtilitiesConservativeLarge CapNeutral

Evergy Q1 adjusted EPS beats estimates

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

MetricBeat/MissActualConsensus Estimate
Q1 Adjusted EPSBeat$0.69$0.65 (8 Analysts)
Q1 EPS$0.64
Q1 Net Income$151.50 mln
Q1 Dividend$0.70
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@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.)

Recent news on Evergy

See all news