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.
Evergy to Report Q3 Earnings: What to Expect From the Stock?
Read MoreHide Full Article
Key Takeaways
Evergy will report Q3 earnings Nov. 5, with EPS and revenues expected to rise 13.30% and 4.71%.
Customer growth, data center agreements and electricity demand may boost Evergy's Q3 results.
Infrastructure investments and load growth support earnings, while higher operating costs pose risks.
Evergy, Inc. (EVRG - Free Report) ) is scheduled to release third-quarter 2026 results on Nov. 5, before the market opens. The company delivered an earnings surprise of 7.32% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
EVRG’s Q3 Expectations
The Zacks Consensus Estimate for earnings is pegged at $2.30 per share, indicating a year-over-year increase of 13.30%.
The Zacks Consensus Estimate for revenues is pegged at $1.90 billion, indicating an increase of 4.71% from the year-ago reported figure.
Factors Likely to Have Impacted EVRG's Q3 Earnings
Evergy's third-quarter earnings are expected to have benefited from customer growth and rising electricity demand across its service territories. Residential customer additions, along with continued economic development, are likely to have supported higher electricity consumption and load growth
EVRG's executed Electric Service Agreements (ESAs) with large customers, including data center operators, are expected to support third-quarter results by securing long-term electricity demand and providing greater revenue visibility. Rising power consumption from these customers is likely to have boosted electricity sales and contribute to load growth.
The company's emphasis on maintaining affordable rates while delivering reliable services is expected to have supported customer growth across its service territories. New customer additions and electricity demand are likely to act as tailwinds for third-quarter results.
Evergy's investments in generation, transmission and distribution infrastructure are also expected to support third-quarter performance. These investments enhance system reliability, accommodate rising electricity demand and contribute to rate-base growth.
However, higher operations and maintenance expenses are expected to have partially offset these positive factors in the third quarter.
What Our Quantitative Model Predicts for EVRG
Our proven model predicts an earnings beat for Evergy this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.
Earnings ESP: The company’s Earnings ESP is +2.90%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Investors may consider the following players from the same industry, as these have the right combination of elements to post an earnings beat this reporting cycle.
Duke Energy (DUK - Free Report) is scheduled to report third-quarter results on Nov. 5 and is likely to have come up with an earnings beat. It has an Earnings ESP of +1.07% and a Zacks Rank #3 at present.
DUK’s long-term (three to five years) earnings growth rate is 6.38%. The Zacks Consensus Estimate for earnings is pegged at $1.87 per share, which suggests a year-over-year increase of 3.31%.
The Southern Company (SO - Free Report) is set to report third-quarter 2026 results on Nov. 5, and is likely to have come up with an earnings beat. It has an Earnings ESP of +0.84% and a Zacks Rank #3 at present.
SO’s long-term earnings growth rate is 8.28%. The Zacks Consensus Estimate for third-quarter earnings per share (EPS) is pinned at $1.71, which implies a year-over-year increase of 6.88%.
PPL Corporation (PPL - Free Report) is set to report third-quarter 2026 results on Nov. 6 and is likely to have come up with an earnings beat. It has an Earnings ESP of +0.38% and a Zacks Rank #2 at present.
PPL’s long-term earnings growth rate is 5.26%. The Zacks Consensus Estimate for third-quarter EPS is pinned at 53 cents, which implies a year-over-year increase of 10.42%
View the Zacks #1 Rank List
Image: Bigstock
Evergy to Report Q3 Earnings: What to Expect From the Stock?
Key Takeaways
Evergy, Inc. (EVRG - Free Report) ) is scheduled to release third-quarter 2026 results on Nov. 5, before the market opens. The company delivered an earnings surprise of 7.32% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
EVRG’s Q3 Expectations
The Zacks Consensus Estimate for earnings is pegged at $2.30 per share, indicating a year-over-year increase of 13.30%.
The Zacks Consensus Estimate for revenues is pegged at $1.90 billion, indicating an increase of 4.71% from the year-ago reported figure.
Factors Likely to Have Impacted EVRG's Q3 Earnings
Evergy's third-quarter earnings are expected to have benefited from customer growth and rising electricity demand across its service territories. Residential customer additions, along with continued economic development, are likely to have supported higher electricity consumption and load growth
EVRG's executed Electric Service Agreements (ESAs) with large customers, including data center operators, are expected to support third-quarter results by securing long-term electricity demand and providing greater revenue visibility. Rising power consumption from these customers is likely to have boosted electricity sales and contribute to load growth.
The company's emphasis on maintaining affordable rates while delivering reliable services is expected to have supported customer growth across its service territories. New customer additions and electricity demand are likely to act as tailwinds for third-quarter results.
Evergy's investments in generation, transmission and distribution infrastructure are also expected to support third-quarter performance. These investments enhance system reliability, accommodate rising electricity demand and contribute to rate-base growth.
However, higher operations and maintenance expenses are expected to have partially offset these positive factors in the third quarter.
What Our Quantitative Model Predicts for EVRG
Our proven model predicts an earnings beat for Evergy this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.
Earnings ESP: The company’s Earnings ESP is +2.90%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Currently, Evergy carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Evergy Inc. Price and EPS Surprise
Evergy Inc. price-eps-surprise | Evergy Inc. Quote
Other Stocks to Consider
Investors may consider the following players from the same industry, as these have the right combination of elements to post an earnings beat this reporting cycle.
Duke Energy (DUK - Free Report) is scheduled to report third-quarter results on Nov. 5 and is likely to have come up with an earnings beat. It has an Earnings ESP of +1.07% and a Zacks Rank #3 at present.
DUK’s long-term (three to five years) earnings growth rate is 6.38%. The Zacks Consensus Estimate for earnings is pegged at $1.87 per share, which suggests a year-over-year increase of 3.31%.
The Southern Company (SO - Free Report) is set to report third-quarter 2026 results on Nov. 5, and is likely to have come up with an earnings beat. It has an Earnings ESP of +0.84% and a Zacks Rank #3 at present.
SO’s long-term earnings growth rate is 8.28%. The Zacks Consensus Estimate for third-quarter earnings per share (EPS) is pinned at $1.71, which implies a year-over-year increase of 6.88%.
PPL Corporation (PPL - Free Report) is set to report third-quarter 2026 results on Nov. 6 and is likely to have come up with an earnings beat. It has an Earnings ESP of +0.38% and a Zacks Rank #2 at present.
PPL’s long-term earnings growth rate is 5.26%. The Zacks Consensus Estimate for third-quarter EPS is pinned at 53 cents, which implies a year-over-year increase of 10.42%