| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.4K | 4.3% |
| Total Income | 1.4K | 4.3% |
| Expenditure | 1.1K | 3.9% |
| PBT | 155.60 | 14.3% |
| Net Profit | 151.50 | 21.2% |
| OPM | 23.58% | 1.05pp |
| NPM | 11.22% | 1.56pp |
| EPS | 0.66 | 22.2% |
Evergy Reports Q1 2026 GAAP EPS of $0.64
07 May 2026 · 7 May, 4:32 pm
Summary
Evergy announced its first quarter 2026 results, reporting GAAP earnings of $151.5 million, or $0.64 per share, compared to $125.0 million, or $0.54 per share, for the first quarter 2025. Adjusted earnings were $161.8 million, or $0.69 per share, compared to $127.8 million, or $0.55 per share, in the first quarter 2025. The company reaffirmed its 2026 adjusted EPS guidance of $4.14 to $4.34 and its long-term adjusted EPS annual growth target of 6% to 8%+ through 2030. The company also declared a quarterly dividend of $0.6950 per share.
Key Highlights
- 1
Evergy announced first quarter 2026 GAAP earnings of $151.5 million, or $0.64 per share.
- 2
The company's first quarter 2026 adjusted earnings were $161.8 million, or $0.69 per share.
- 3
A quarterly dividend of $0.6950 per share was declared.
- 4
Evergy signed an electric service agreement for a large customer project in its Kansas Central service territory.
- 5
The company reaffirmed its 2026 adjusted EPS guidance of $4.14 to $4.34.
- 6
Evergy reaffirmed its long-term adjusted EPS annual growth target of 6% to 8%+ through 2030.
Management Comments
David Campbell
“We continued to advance our large customer strategy in the first quarter and are pleased to announce the signing of an electric service agreement for a large customer project in our Kansas Central service territory. “Beginning in 2027, the customer will take service under our large load power service (LLPS) tariff, the framework under which new large customers will pay a premium rate that covers their fair share of existing and new system costs to drive affordability benefits for existing customers and enhance economic growth. “Financial results were solid despite mild weather in the first quarter, and we remain on track to achieve our 2026 adjusted EPS guidance of $4.14 to $4.34. We are also reaffirming our long-term adjusted EPS annual growth target of 6% to 8%+ through 2030 off the 2026 midpoint, with the expectation that annual EPS growth will exceed 8% beginning in 2028 and through 2030.”
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