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.
EVRG Q1 operating EPS was 69 cents vs. 63 cents estimate, up from 55 cents in the year-ago quarter.
EVRG revenues rose to $1.44B and beat estimates; fuel and purchased power and O&M expenses increased.
EVRG interest expense rose 14.4% to $174.5M; long-term debt edged up to $13.15B, and cash slipped.
Evergy, Inc. (EVRG - Free Report) reported first-quarter 2026 operating earnings per share (EPS) of 69 cents, which beat the Zacks Consensus Estimate of 63 cents by 9.5%. In the year-ago quarter, the company reported earnings of 55 cents.
EVRG’s Total Revenues
Quarterly revenues totaled $1.44 billion, which surpassed the Zacks Consensus Estimate of $1.41 billion by 2.2%. In the year-ago quarter, the company posted revenues of $1.37 billion.
Fuel and purchased power totaled $360 billion for the year, up 1.3% from last year’s $355.3 billion.
Operating and maintenance expenses for the year amounted to $243.2 million, up 4.8% from last year’s $232 million.
Interest expenses totaled $174.5 million, up 14.4% year over year.
EVRG’s Financial Update
Cash and cash equivalents as of March 31, 2026 totaled $18.4 million compared with $19.8 million as of Dec. 31, 2025.
Long-term debt as of March 31, 2026 was $13.15 billion compared with $13.04 billion as of Dec. 31, 2025.
Cash provided by operating activities in the first three months of 2026 was $362.5 million compared with $449.6 million in the year-ago period.
EVRG’s Guidance
Evergy reaffirmed its 2026 adjusted EPS guidance in the range of $4.14-$4.34. The Zacks Consensus Estimate is pegged at $4.25, which is higher than the midpoint of the company’s guided range.
The company expects its adjusted EPS annual growth target of 6-8% through 2030.
PG&E Corporation (PCG - Free Report) reported first-quarter 2026 adjusted earnings per share of 43 cents, which beat the Zacks Consensus Estimate of 39 cents by 10.3%. The bottom line also increased 30.3% from the year-ago quarter’s figure of 33 cents.
PCG reported first-quarter total revenues of $6.88 billion, up 15% from $5.98 billion registered in the year-ago period. The top line also surpassed the Zacks Consensus Estimate of $6.46 billion by 6.6%.
Edison International (EIX - Free Report) reported first-quarter 2026 adjusted earnings of $1.42 per share, which outpaced the Zacks Consensus Estimate of $1.32 by 7.6%. The bottom line also increased 3.6% from $1.37 in the year-ago quarter.
Edison International's first-quarter operating revenues totaled $4.1 billion, which beat the Zacks Consensus Estimate of $3.99 billion by 2.8%. The top line also increased 7.7% from the year-ago quarter’s figure of $3.81 billion.
CenterPoint Energy, Inc. (CNP - Free Report) reported first-quarter 2026 adjusted earnings of 56 cents per share, which missed the Zacks Consensus Estimate of 58 cents by 3.8%. However, the bottom line increased 5.7% from 53 cents in the year-ago quarter.
CNP generated revenues of $2.98 billion, which lagged the Zacks Consensus Estimate of $3.04 billion by 1.4%. However, the top line improved 2% from the year-ago reported figure of $2.92 billion.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Evergy's Q1 Earnings Beat Estimates, Revenues Increase Y/Y
Key Takeaways
Evergy, Inc. (EVRG - Free Report) reported first-quarter 2026 operating earnings per share (EPS) of 69 cents, which beat the Zacks Consensus Estimate of 63 cents by 9.5%. In the year-ago quarter, the company reported earnings of 55 cents.
EVRG’s Total Revenues
Quarterly revenues totaled $1.44 billion, which surpassed the Zacks Consensus Estimate of $1.41 billion by 2.2%. In the year-ago quarter, the company posted revenues of $1.37 billion.
Evergy Inc. Price, Consensus and EPS Surprise
Evergy Inc. price-consensus-eps-surprise-chart | Evergy Inc. Quote
Highlights of EVRG’s Earnings Release
Fuel and purchased power totaled $360 billion for the year, up 1.3% from last year’s $355.3 billion.
Operating and maintenance expenses for the year amounted to $243.2 million, up 4.8% from last year’s $232 million.
Interest expenses totaled $174.5 million, up 14.4% year over year.
EVRG’s Financial Update
Cash and cash equivalents as of March 31, 2026 totaled $18.4 million compared with $19.8 million as of Dec. 31, 2025.
Long-term debt as of March 31, 2026 was $13.15 billion compared with $13.04 billion as of Dec. 31, 2025.
Cash provided by operating activities in the first three months of 2026 was $362.5 million compared with $449.6 million in the year-ago period.
EVRG’s Guidance
Evergy reaffirmed its 2026 adjusted EPS guidance in the range of $4.14-$4.34. The Zacks Consensus Estimate is pegged at $4.25, which is higher than the midpoint of the company’s guided range.
The company expects its adjusted EPS annual growth target of 6-8% through 2030.
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
PG&E Corporation (PCG - Free Report) reported first-quarter 2026 adjusted earnings per share of 43 cents, which beat the Zacks Consensus Estimate of 39 cents by 10.3%. The bottom line also increased 30.3% from the year-ago quarter’s figure of 33 cents.
PCG reported first-quarter total revenues of $6.88 billion, up 15% from $5.98 billion registered in the year-ago period. The top line also surpassed the Zacks Consensus Estimate of $6.46 billion by 6.6%.
Edison International (EIX - Free Report) reported first-quarter 2026 adjusted earnings of $1.42 per share, which outpaced the Zacks Consensus Estimate of $1.32 by 7.6%. The bottom line also increased 3.6% from $1.37 in the year-ago quarter.
Edison International's first-quarter operating revenues totaled $4.1 billion, which beat the Zacks Consensus Estimate of $3.99 billion by 2.8%. The top line also increased 7.7% from the year-ago quarter’s figure of $3.81 billion.
CenterPoint Energy, Inc. (CNP - Free Report) reported first-quarter 2026 adjusted earnings of 56 cents per share, which missed the Zacks Consensus Estimate of 58 cents by 3.8%. However, the bottom line increased 5.7% from 53 cents in the year-ago quarter.
CNP generated revenues of $2.98 billion, which lagged the Zacks Consensus Estimate of $3.04 billion by 1.4%. However, the top line improved 2% from the year-ago reported figure of $2.92 billion.