We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
{\"0\":\" EVRG reported Q2 EPS of 82 cents, beating estimates but down from 92 cents in the prior-year quarter.\",\"1\":\"Q2 revenues fell to $1.44B from $1.45B a year ago, missing the $1.47B estimate.\",\"2\":\"Higher O&M, interest and depreciation costs weighed on results despite lower fuel expenses.\"}
Evergy, Inc. (EVRG - Free Report) reported second-quarter 2025 operating earnings per share (EPS) of 82 cents, which topped the Zacks Consensus Estimate of 76 cents by 7.9%. In the year-ago quarter, the company reported earnings of 90 cents.
Second-quarter adjusted EPS was negatively impacted by milder weather, which resulted in a 26% decrease in cooling degree days, higher operations and maintenance expenses, and an increase in interest and depreciation.
EVRG’s Total Revenues
Quarterly revenues totaled $1.44 billion, which missed the Zacks Consensus Estimate of $1.47 billion by 1.9%. In the year-ago quarter, the company posted revenues of $1.45 billion.
Fuel and purchased power totaled $330.4 million, down 8% from the year-ago quarter’s figure of $359 million.
Operating and maintenance expenses amounted to $255.1 million, up 7.3% year over year.
Interest expenses totaled $153.8 million, up 7.1% year over year.
EVRG’s Financial Update
Cash and cash equivalents as of June 30, 2025 totaled $27.8 million compared with $22 million as of Dec. 31, 2024.
Long-term debt as of June 30, 2025 was $12.4 billion compared with $11.81 billion as of Dec. 31, 2024.
Cash provided by operating activities in the first six months of 2025 was $773.5 million compared with $634.8 million in the year-ago period.
EVRG’s Guidance
Evergy reaffirmed its 2025 adjusted EPS guidance in the range of $3.92-$4.12. The Zacks Consensus Estimate is pegged at $4, lower than the midpoint of the company’s guided range.
The company reaffirmed its adjusted EPS annual growth target of 4-6% through 2029.
NiSource Inc. (NI - Free Report) has reported second-quarter 2025 operating earnings per share of 22 cents, which beat the Zacks Consensus Estimate of 21 cents by 4.8%. The bottom line was higher than the year-ago quarter’s earnings by a penny.
Operating revenues of $1.28 billion topped the Zacks Consensus Estimate of $1.15 billion by 11.3%. The top line also increased 18.3% from the prior-year quarter’s figure of $1.08 billion.
Public Service Enterprise Group Incorporated (PEG - Free Report) , or PSEG, reported second-quarter 2025 adjusted earnings of 77 cents per share, which beat the Zacks Consensus Estimate of 71 cents by 8.5%. Earnings improved 22.2% from the prior-year reported figure of 63 cents per share.
Operating revenues totaled $2.81 billion, which outpaced the Zacks Consensus Estimate of $2.35 billion by 19.6%. The top line also increased 15.8% from the year-ago figure of $2.42 billion.
Duke Energy Corporation's (DUK - Free Report) second-quarter 2025 earnings of $1.25 per share beat the Zacks Consensus Estimate of $1.19 by 5%. The bottom line also improved 10.6% from $1.13 reported in the year-ago quarter.
Total operating revenues came in at $7.51 billion, which rose 4.7% from $7.17 billion in the year-ago period. The top line also surpassed the Zacks Consensus Estimate of $7.34 billion by 2.3%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Evergy's Q2 Earnings Beat Estimates, Revenues Decrease Y/Y
Key Takeaways
Evergy, Inc. (EVRG - Free Report) reported second-quarter 2025 operating earnings per share (EPS) of 82 cents, which topped the Zacks Consensus Estimate of 76 cents by 7.9%. In the year-ago quarter, the company reported earnings of 90 cents.
Second-quarter adjusted EPS was negatively impacted by milder weather, which resulted in a 26% decrease in cooling degree days, higher operations and maintenance expenses, and an increase in interest and depreciation.
EVRG’s Total Revenues
Quarterly revenues totaled $1.44 billion, which missed the Zacks Consensus Estimate of $1.47 billion by 1.9%. In the year-ago quarter, the company posted revenues of $1.45 billion.
Evergy Inc. Price, Consensus and EPS Surprise
Evergy Inc. price-consensus-eps-surprise-chart | Evergy Inc. Quote
Highlights of EVRG’s Q2 Earnings Release
Fuel and purchased power totaled $330.4 million, down 8% from the year-ago quarter’s figure of $359 million.
Operating and maintenance expenses amounted to $255.1 million, up 7.3% year over year.
Interest expenses totaled $153.8 million, up 7.1% year over year.
EVRG’s Financial Update
Cash and cash equivalents as of June 30, 2025 totaled $27.8 million compared with $22 million as of Dec. 31, 2024.
Long-term debt as of June 30, 2025 was $12.4 billion compared with $11.81 billion as of Dec. 31, 2024.
Cash provided by operating activities in the first six months of 2025 was $773.5 million compared with $634.8 million in the year-ago period.
EVRG’s Guidance
Evergy reaffirmed its 2025 adjusted EPS guidance in the range of $3.92-$4.12. The Zacks Consensus Estimate is pegged at $4, lower than the midpoint 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 #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Recent Releases
NiSource Inc. (NI - Free Report) has reported second-quarter 2025 operating earnings per share of 22 cents, which beat the Zacks Consensus Estimate of 21 cents by 4.8%. The bottom line was higher than the year-ago quarter’s earnings by a penny.
Operating revenues of $1.28 billion topped the Zacks Consensus Estimate of $1.15 billion by 11.3%. The top line also increased 18.3% from the prior-year quarter’s figure of $1.08 billion.
Public Service Enterprise Group Incorporated (PEG - Free Report) , or PSEG, reported second-quarter 2025 adjusted earnings of 77 cents per share, which beat the Zacks Consensus Estimate of 71 cents by 8.5%. Earnings improved 22.2% from the prior-year reported figure of 63 cents per share.
Operating revenues totaled $2.81 billion, which outpaced the Zacks Consensus Estimate of $2.35 billion by 19.6%. The top line also increased 15.8% from the year-ago figure of $2.42 billion.
Duke Energy Corporation's (DUK - Free Report) second-quarter 2025 earnings of $1.25 per share beat the Zacks Consensus Estimate of $1.19 by 5%. The bottom line also improved 10.6% from $1.13 reported in the year-ago quarter.
Total operating revenues came in at $7.51 billion, which rose 4.7% from $7.17 billion in the year-ago period. The top line also surpassed the Zacks Consensus Estimate of $7.34 billion by 2.3%.