Evergy Reports Steady Q1 2025 Earnings and Dividend

Evergy, Inc. ( (EVRG) ) has released its Q1 earnings. Here is a breakdown of the information Evergy, Inc. presented to its investors.

Evergy, Inc. is a utility company based in Kansas City, providing electricity to 1.7 million customers in Kansas and Missouri, with a focus on sustainable and reliable energy solutions.

In its first quarter of 2025, Evergy reported earnings per share (EPS) of $0.54, matching the adjusted EPS from the previous year, and declared a quarterly dividend of $0.6675 per share. The company also reaffirmed its 2025 earnings guidance, indicating stability in its financial outlook.

Key financial highlights include a slight increase in GAAP earnings to $125.0 million from $122.7 million in the same quarter of 2024. The earnings were supported by the recovery of regulated investments, although partially offset by factors such as lower demand due to an unplanned maintenance shutdown and increased expenses. Strategic legislative advancements in Missouri and Kansas were also noted, which are expected to bolster infrastructure and attract large data center customers.

Looking forward, Evergy remains committed to its financial targets and anticipates growth in adjusted EPS in the upper half of its projected range starting in 2026. The company is optimistic about its long-term prospects, supported by a robust pipeline of potential large customers in its operating regions.