Evergy(US:EVRG)2025-11-06 12:00Financial Performance - Third quarter 2025 GAAP earnings were $475.0 million, or $2.03 per share, compared to $465.6 million, or $2.02 per share in the same period of 2024[1][2][6]. - Adjusted earnings (non-GAAP) for the third quarter 2025 were $475.1 million, or $2.03 per share, reflecting a year-over-year increase driven by recovery of regulated investments and growth in weather-normalized demand[2][3][11]. - Year-to-date adjusted earnings (non-GAAP) for 2025 were $794.0 million, or $3.41 per share, compared to $797.3 million, or $3.46 per share in 2024[11][12]. Guidance and Outlook - The company narrowed its 2025 adjusted EPS (non-GAAP) guidance range to $3.92 to $4.02, down from the previous range of $3.92 to $4.12[4][5][6]. - The company expects adjusted EPS growth in the upper half of the 4% to 6% range beginning in 2026, based on the 2025 adjusted EPS guidance midpoint of $4.02[5][6]. - Management indicated that the long-term outlook remains strong, supported by economic development opportunities and necessary investments[4][5]. - The company will provide an updated growth outlook during the year-end earnings call in February[4]. Dividends - The quarterly dividend was increased by 4% to $0.6950 per share, payable on December 19, 2025[6][7]. Business Operations - Evergy serves 1.7 million customers in Kansas and Missouri, with about half of its power coming from carbon-free sources[19]. - The company is focused on producing, transmitting, and delivering reliable, affordable, and sustainable energy while advancing its strategic objectives[19]. Risk and Uncertainty - The Evergy Companies acknowledge that predicting all factors affecting their business is not possible, and new risks may emerge over time[24]. - The company emphasizes that undue reliance should not be placed on forward-looking statements due to inherent uncertainties[24]. - Evergy Companies undertake no obligation to publicly update or revise any forward-looking statements unless required by law[24].