Overview

* Evergy Q2 2025 adjusted EPS meets analyst expectations, per LSEG data

* Co's adjusted EPS impacted by milder weather, higher expenses

* Evergy ( EVRG ) reaffirms 2025 adjusted EPS guidance, announces new projects

Outlook

* Evergy ( EVRG ) reaffirms 2025 adjusted EPS guidance of $3.92 to $4.12

* Company expects long-term EPS growth of 4% to 6% through 2029

* Evergy ( EVRG ) anticipates EPS growth in upper half of range starting 2026

Result Drivers

* MILDER WEATHER - Co attributes 26% decrease in cooling degree days to milder weather, impacting adjusted EPS

* HIGHER EXPENSES - Increased operations and maintenance expenses, as well as higher interest and depreciation, negatively affected adjusted EPS

* REVENUE RECOVERY - Revenue from recovery of regulated investments and growth in weather-normalized electricity demand partially offset negative impacts

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Meet $0.82 $0.82 (7

Adjusted Analysts

EPS )

Q2 EPS $0.74

Q2 Net $171.30

Income mln

Q2 $0.6675

Dividend

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 ( EVRG ) is $74.00, about 1% above its August 6 closing price of $73.25

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

Press Release:

(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.)