Evergy misses Q3 adjusted EPS estimates, narrows FY forecast due to cooler weather

Overview

• Evergy Q3 2025 adjusted EPS of $2.03 misses analyst expectations

• Company increases quarterly dividend by 4% to $0.695 per share

• Evergy narrows 2025 adjusted EPS guidance to $3.92-$4.02 due to cooler weather

Outlook

• Evergy narrows 2025 adjusted EPS guidance to $3.92-$4.02 due to cooler summer weather

• Company reaffirms long-term adjusted EPS growth target of 4%-6% through 2029

• Evergy expects adjusted EPS growth in upper half of 4%-6% range starting 2026

Result Drivers

• REGULATED INVESTMENTS - Recovery of regulated investments contributed to higher adjusted EPS

• COST MITIGATION - Cost and mitigation actions implemented but did not fully offset weather impacts

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 5 "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 $80.00, about 4% above its November 5 closing price of $76.77

• The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw4nV9dMa

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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.)