Evergy Earnings Reports

Evergy posted strong third quarter results with net income of $475 million and adjusted EPS of $2.03, driven by recovery of regulated investments and stable demand, despite headwinds from higher interest and depreciation expenses.

Evergy, Inc. reported a net income of $128.1 million and diluted EPS of $0.54 for the three months ended March 31, 2025. This represents an increase from the same period in 2024, primarily due to new Evergy Missouri West retail rates, higher transmission revenues, and favorable weather, partially offset by higher interest and depreciation expense and lower investment earnings.

Evergy reported Q4 2024 GAAP earnings of $78.2 million, or $0.34 per share, compared to $58.0 million, or $0.25 per share, for Q4 2023. Adjusted earnings (non-GAAP) for Q4 2024 were $80.6 million, or $0.35 per share, compared to $61.1 million, or $0.27 per share, in Q4 2023. The company reaffirmed its 2025 GAAP and adjusted EPS guidance of $3.92 to $4.12.

Evergy announced third quarter 2024 GAAP earnings of $465.6 million, or $2.02 per share, compared to GAAP earnings of $351.6 million, or $1.53 per share, for the third quarter 2023. The company's third quarter 2024 adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) were $465.6 million and $2.02, respectively, compared to $432.3 million and $1.88 in 2023.

Evergy reported Q2 2024 GAAP earnings of $207.0 million, or $0.90 per share, compared to $179.1 million, or $0.78 per share, for the second quarter 2023. Adjusted EPS (non-GAAP) was also $0.90, compared to $0.81 in 2023. The company reaffirmed its 2024 GAAP and adjusted EPS guidance of $3.73 to $3.93 and declared a quarterly dividend of $0.6425 per share.

Evergy reported GAAP earnings of $122.7 million, or $0.53 per share, and adjusted earnings (non-GAAP) of $124.7 million, or $0.54 per share, for the first quarter 2024. The company reaffirmed its 2024 GAAP and adjusted EPS guidance of $3.73 to $3.93.

Evergy reported Q4 2023 GAAP earnings of $58.0 million, or $0.25 per share, compared to $7.5 million, or $0.03 per share, for Q4 2022. Adjusted earnings (non-GAAP) were $61.1 million, or $0.27 per share, compared to $68.6 million, or $0.30 per share, in Q4 2022. The company issued 2024 GAAP and adjusted EPS guidance of $3.73 to $3.93.

Evergy announced third quarter 2023 GAAP earnings of $351.6 million, or $1.53 per share, compared to GAAP earnings of $428.2 million, or $1.86 per share, for third quarter 2022. Evergy's third quarter 2023 adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) were $432.3 million and $1.88, respectively, compared to $460.8 million and $2.00 in 2022. The company revised its 2023 adjusted EPS (non-GAAP) guidance range to $3.55 to $3.65.

Evergy reported GAAP earnings of $179.1 million, or $0.78 per share, for the second quarter of 2023, compared to $194.5 million, or $0.84 per share, for the second quarter of 2022. Adjusted earnings (non-GAAP) were $186.1 million, or $0.81 per share, compared to $194.5 million, or $0.84 per share, in 2022. The company reaffirmed its 2023 GAAP EPS guidance range of $3.55 to $3.75 and its adjusted EPS (Non-GAAP) guidance range of $3.55 to $3.75.

Evergy reported a solid start to 2023 with GAAP earnings of $143 million, or $0.62 per share, and adjusted earnings (non-GAAP) of $136 million, or $0.59 per share. The company reaffirmed its 2023 GAAP EPS guidance range of $3.55 to $3.75 and its adjusted EPS (Non-GAAP) guidance range of $3.55 to $3.75. A quarterly dividend of $0.6125 per share was declared.

Evergy reported Q4 2022 GAAP earnings of $7.5 million, or $0.03 per share, compared to $53.4 million, or $0.23 per share, for Q4 2021. Adjusted earnings (non-GAAP) were $69 million, or $0.30 per share, compared to $33 million, or $0.14 per share, in Q4 2021. The company issued 2023 GAAP and adjusted EPS guidance of $3.55 to $3.75 and reaffirmed its long-term adjusted EPS growth target of 6% to 8% through 2025.

Evergy reported Q4 2019 earnings of $64 million, or $0.28 per share, compared to $19 million, or $0.07 per share in Q4 2018. Adjusted earnings (non-GAAP) were $73 million, or $0.32 per share, compared to $39 million, or $0.15 per share in the same period last year. The company's five-year capital plan was updated to $7.6 billion through 2024.