Evergy Inc (EVRG) Q1 Earnings and Revenues Lag Estimates

Core Insights - Evergy Inc (EVRG) reported quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.66 per share, representing an earnings surprise of -18.18% [1] - The company posted revenues of $1.37 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 2.77% [2] - Evergy shares have increased by approximately 13.1% since the beginning of the year, contrasting with the S&P 500's decline of -4.3% [3] Earnings Performance - Over the last four quarters, Evergy has surpassed consensus EPS estimates only once [2] - The current consensus EPS estimate for the upcoming quarter is $0.95 on revenues of $1.46 billion, and for the current fiscal year, it is $4.03 on revenues of $5.98 billion [7] Industry Outlook - The Utility - Electric Power industry is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5][6]