Evergy Q2 adjusted EPS rises, beats analyst estimates

Evergy

06/08/2026 12:16

Overview
U.S. electric utility's Q2 adjusted EPS rose yr/yr, beating analyst expectations
Company reaffirmed 2026 adjusted EPS guidance of $4.14 to $4.34
Q2 results aided by regulated investment recovery and higher large customer revenues

Outlook
Evergy reaffirms 2026 adjusted EPS guidance of $4.14 to $4.34
Company maintains long-term adjusted EPS growth target of 6% to 8%+ through 2030
Evergy expects annual EPS growth to exceed 8% from 2028 through 2030

Result Drivers
REGULATED INVESTMENT RECOVERY - Co said Q2 adjusted EPS benefited from recovery of regulated investments
LARGE CUSTOMER REVENUES - Co said higher large customer revenues contributed to Q2 adjusted EPS growth
HIGHER OPERATING COSTS - Co said higher operations and maintenance expense and higher depreciation and amortization expense partially offset favorable results

Company press release: ID:nBw6MQ14Ha

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$0.88
$0.83 (8 Analysts)
Q2 EPS
 
$0.91
 
Q2 Net Income
 
$215 mln
 
Q2 Dividend
 
$0.70
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 6 "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 $91.50, about 10.2% above its August 5 closing price of $83.06
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

Reuters Recommended Reads
Aug 4 - Duke Energy Q2 adjusted EPS beats on infrastructure investment recovery
Aug 5 - MGE Energy Q2 profit rises on electric segment strength
Aug 4 - Public Service Enterprise beats profit estimates on electric and gas unit boost

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.)