$EVRG · Evergy, Inc.
Evergy reported Q3 2026 GAAP EPS of $2.59 (net income $612.9M) versus $2.03 a year ago, and adjusted EPS of $2.58 versus $2.03. The company raised 2026 adjusted EPS guidance to $4.35–$4.50 from $4.14–$4.34, declared a quarterly dividend of $0.7225 per share (up 4%), and reaffirmed a 6%–8%+ long-term adjusted EPS growth target through 2030. It also announced three ESA amendments (~250 MW incremental load) and a letter of intent with Digital Realty for a 1.4 GW project.
- Q3 2026 adjusted EPS of $2.58, up from $2.03 in Q3 2025.
- 2026 adjusted EPS guidance raised to $4.35–$4.50 from $4.14–$4.34.
- Quarterly dividend raised 4% to $0.7225 per share, payable December 18, 2026.
- Signed LOI with Digital Realty for a 1.4 GW expansion project.
- Three ESA amendments expected to add ~250 MW of incremental load.
Markets closed — no regular-session reaction yet; extended-hours move not captured here.
A beat-and-raise quarter plus a 1.4 GW data-center LOI signals accelerating large-load demand driving earnings growth.
Data-center and large-load demand continues to drive utility growth narratives, with Evergy's Digital Realty LOI and ESA amendments mirroring peer efforts to monetize rising electricity demand.
Rapid data-center-driven demand growth creates capital access, revenue recovery, and customer affordability risks, plus reliance on new generation and transmission investment.