Evergy's Q3 Earnings & Revenues Lag Estimates, '25 EPS View Narrowed

Evergy, Inc. EVRG reported third-quarter 2025 operating earnings per share (EPS) of $2.03 per share, which missed the Zacks Consensus Estimate of $2.14 by 5.1%. In the year-ago quarter, the company reported earnings of $2.02.

Third-quarter adjusted EPS rose mainly due to the recovery of regulated investments and increased weather-normalized demand.

EVRG’s Total Revenues

Quarterly revenues totaled $1.81 billion, in line with the year-ago quarter. However, the reported figure lagged the Zacks Consensus Estimate of $1.87 billion by 3.4%.

Highlights of EVRG’s Q3 Earnings Release

Fuel and purchased power totaled $393.1 million, down 9.4% from the year-ago quarter’s figure of $433.7 million.

Operating and maintenance expenses amounted to $252.8 million, up 0.5% year over year.

Interest expenses totaled $152 million, up 5.6% year over year.

EVRG’s Financial Update

Cash and cash equivalents as of Sept. 30, 2025 totaled $27.5 million compared with $22 million as of Dec. 31, 2024.

Long-term debt as of Sept. 30, 2025 was $12.45 billion compared with $11.81 billion as of Dec. 31, 2024.

Cash provided by operating activities in the first nine months of 2025 was $1.71 billion compared with $1.59 billion in the year-ago period.

EVRG’s Guidance

Evergy narrowed its 2025 adjusted EPS guidance in the range of $3.92-$4.02 from the previous range of $3.92-$4.12. The Zacks Consensus Estimate is pegged at $4.01, which is at the higher end of the company’s guided range.

The company reaffirmed its adjusted EPS annual growth target of 4-6% through 2029.

EVRG’s Zacks Rank

Evergy currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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This article originally published on Zacks Investment Research (zacks.com).

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