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AI English summary of an SEC filing — figures as filed

Evergy logoEvergy EVRG

Evergy said net income attributable to Evergy, Inc. for Q1 2025 was $125.0 million, or $0.54 per diluted share, compared to $122.7 million, or $0.53 per share, for Q1 2024.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Evergy said net income attributable to Evergy, Inc. for Q1 2025 was $125.0 million, or $0.54 per diluted share, compared to $122.7 million, or $0.53 per share, for Q1 2024.

  2. The company said adjusted earnings (non-GAAP) for Q1 2025 were $125.0 million, or $0.54 per share, compared to $124.7 million, or $0.54 per share, for Q1 2024. In 2024, the mark-to-market impact of JEC economic hedges, pre-tax, of $2.6 million was reflected as a non-GAAP reconciling item.

  3. Evergy reaffirmed its 2025 GAAP EPS and adjusted EPS (non-GAAP) guidance range of $3.92 to $4.12. It also reaffirmed its long-term adjusted EPS (non-GAAP) annual growth target of 4% to 6% through 2029 based on the 2025 adjusted EPS guidance midpoint of $4.02.

  4. The company said the Board of Directors declared a dividend on common stock of $0.6675 per share, payable on June 20, 2025 to shareholders of record as of May 23, 2025. Evergy cited recovery of regulated investments as a factor in adjusted EPS, partially offset by lower demand, higher interest expense and higher depreciation and amortization expense.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q1 2025 GAAP Net Income $125.0 million

Evergy said net income attributable to Evergy, Inc. for Q1 2025 was $125.0 million, or $0.54 per diluted share, compared to $122.7 million, or $0.53 per share, for Q1 2024.

Source · Based on the filing body and exhibits

Q1 Adjusted Earnings (non-GAAP) $125.0 million

The company said adjusted earnings (non-GAAP) for Q1 2025 were $125.0 million, or $0.54 per share, compared to $124.7 million, or $0.54 per share, for Q1 2024. In 2024, the mark-to-market impact of JEC economic hedges, pre-tax, of $2.6 million was reflected as a non-GAAP reconciling item.

Source · Based on the filing body and exhibits

2025 Annual EPS Guidance Reaffirmed

Evergy reaffirmed its 2025 GAAP EPS and adjusted EPS (non-GAAP) guidance range of $3.92 to $4.12. It also reaffirmed its long-term adjusted EPS (non-GAAP) annual growth target of 4% to 6% through 2029 based on the 2025 adjusted EPS guidance midpoint of $4.02.

Source · Based on the filing body and exhibits

Quarterly Dividend and Q1 Results Drivers

The company said the Board of Directors declared a dividend on common stock of $0.6675 per share, payable on June 20, 2025 to shareholders of record as of May 23, 2025. Evergy cited recovery of regulated investments as a factor in adjusted EPS, partially offset by lower demand, higher interest expense and higher depreciation and amortization expense.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.