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Sep 30
Evergy Q3 2025 Earnings Report
Evergy reported a rise in net income and maintained adjusted EPS growth in Q3 2025.
Key Takeaways
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.
Reported GAAP net income of $475 million, up from $465.6 million in Q3 2024
Adjusted EPS remained steady at $2.03 compared to the prior year
Quarterly dividend increased by 4% to $0.695 per share
2025 adjusted EPS guidance narrowed to $3.92–$4.02 due to cooler summer weather
Evergy
Evergy
Forward Guidance
Evergy narrowed its 2025 adjusted EPS guidance due to weather impacts but reaffirmed long-term growth targets.
Positive Outlook
- 2025 adjusted EPS guidance narrowed to $3.92–$4.02
- Long-term EPS growth target of 4–6% through 2029 reaffirmed
- Company expects EPS growth in upper half of target range from 2026
- Continued regulatory and operational execution
- Strong strategic positioning for long-term economic development
Challenges Ahead
- Cooler than normal summer impacted Q2 and Q3 earnings
- Weather-related headwinds not fully offset by cost mitigations
- Higher interest expense noted in the quarter
- Depreciation expense also contributed to pressure on earnings
- Uncertainty remains around certain non-GAAP reconciling items