earnings
confidence high
sentiment negative
materiality 0.65
Evergy Q2 GAAP EPS $0.74 vs $0.90 YoY; reaffirms 2025 adjusted EPS guidance $3.92-$4.12
Evergy, Inc.
2025-Q2 EPS reported
$1.28
revenue$2,811,500,000
- GAAP net income $171.3M ($0.74 EPS) vs $207.0M ($0.90) in Q2 2024; adjusted EPS $0.82 vs $0.90.
- Decline due to milder weather (26% fewer cooling degree days), higher O&M, interest, and depreciation; partially offset by rate recovery and demand growth.
- Declared quarterly dividend of $0.6675/share, payable Sept 19, 2025 to holders of record Aug 22, 2025.
- Reaffirmed 2025 adjusted EPS guidance range $3.92-$4.12 and long-term 4-6% growth target through 2029, with upper half growth expected from 2026.
- Unanimous settlement in Kansas Central rate case announced in July; pending KCC approval for constructive outcome.
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