Evergy, Inc. (EVRG)
NASDAQ:EVRG
Want to see EVRG full AI Analyst Report?
Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.91Last Year’s EPS
0.82Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong positive momentum: solid year-over-year earnings improvement, multiple signed ESAs and a robust multi-gigawatt pipeline, upgraded load growth assumptions (CAGR to ~7%–8% through 2030), reaffirmed 2026 guidance, and improved credit metrics. Offsetting items include a modest weather-related EPS headwind, higher O&M/depreciation/interest from accelerated capital spending, and expected above-inflation rate pressure in Missouri West due to necessary infrastructure investments. Overall, the positive execution on large customer contracts and the strengthened multi-year outlook materially outweigh the operational and weather headwinds.Company Guidance
Signed Fifth Large Customer ESA and Pipeline Momentum
Executed a fifth large customer electric service agreement (data center) and amended two prior ESAs, bringing signed LLPS projects to five and expanding momentum across a multi-gigawatt pipeline; five ESAs + existing large customers represent ~2.5 GW steady-state peak (3.0 GW including ~450 MW non-LLPS), with expectations for at least one additional ESA in 2026 and substantial pipeline beyond 2030.
Quarterly Adjusted Earnings Improvement
Q1 2026 adjusted earnings of $162 million, or $0.69 per share, vs. $128 million / $0.55 per share in Q1 2025, driven by recovery of regulated investments, weather-normalized demand growth, and large-load customer revenues.
Stronger Demand and Load Growth Trajectory
Weather-normalized retail demand grew 4.7% in Q1 2026; by customer class: residential +3.3%, commercial +3.8%, industrial +10.1%. Company raised retail load CAGR outlook to ~7%–8% through 2030 (up from prior 6%) and now expects per-utility load growth of ~6%–11% annually over the next five years.
Reaffirmed and Strengthened Earnings Guidance
Reaffirmed 2026 adjusted EPS guidance range of $4.14–$4.34 (midpoint $4.24). Management expects adjusted EPS growth of 6%–8%+ through 2030 and to exceed 8% annually beginning in 2028; provided Q2 guidance of 17%–19% relative to the $4.24 midpoint.
Improved Credit Metrics and Tax Credit Flowback
FFO-to-debt guidance improved to ~14%–15% for 2026–2028 (strengthening thereafter) versus an earlier estimated 14%. Kansas KCC approved returning deferred nuclear production tax credits to customers over three years; company expects to monetize >$100 million of nuclear PTCs per year to flow back to customers.
Larger Capital Plan with Funding Plan
Preferred plan modestly upsides the $21.6 billion five-year capital investment plan, increasing projected rate base CAGR to ~12% (from ~11.5%). Equity issuance plan remains $700M–$900M per year (2026–2029) with no equity need expected in 2030; 2026 equity to date $125M and remaining 2026 needs expected to be satisfied via ATM.
Near-Term EPS Drivers Detailed
Management disclosed EPS contributors: recovery & return on regulated investments contributed ~$0.15 to Q1 EPS; incremental large-load margin and other revenues will offset mild-weather impacts in 2026; 'other' contributed ~$0.09 (including ~$0.03 COLI benefit, higher power marketing, and lower ETR).
EVRG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EVRG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $80.99 | $82.73 | +2.15% |
Feb 19, 2026 | $79.73 | $78.86 | -1.08% |
Nov 06, 2025 | $75.43 | $74.24 | -1.58% |
Aug 07, 2025 | $71.31 | $70.94 | -0.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Evergy, Inc. (EVRG) report earnings?
Evergy, Inc. (EVRG) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Evergy, Inc. (EVRG) earnings time?
Evergy, Inc. (EVRG) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EVRG EPS forecast?
EVRG EPS forecast for the fiscal quarter 2026 (Q2) is 0.91.