Evergy Beats Q3 2026 Estimates as Revenue Rises 16% to $2.10B
Revenue of $2.10B vs. $1.93B expected and adjusted EPS of $2.58 vs. $2.33; revenue up 16% from a year earlier.
Evergy (EVRG) beat estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $2.10 billion, up 16% from a year earlier, above the $1.93 billion estimate, and adjusted EPS was $2.58, up 27% from a year earlier, above the $2.33 estimate.
Shares fell 0.0% in premarket trading as of 7:00 a.m. ET, to $86.20 from a $86.21 close.
Q3 2026 scorecard
| Parameters | Expected | Actual | Beat/Miss |
|---|---|---|---|
| Adjusted EPS | $2.33 | $2.58 | Beat by 11% |
| Revenue | $1.93B | $2.10B | Beat by 8.7% |
| Change | YoY | QoQ |
|---|---|---|
| Adjusted EPS | ▲ 27% | ▲ 193% |
| Revenue | ▲ 16% | ▲ 40% |
By our calculation, revenue was $167.5 million above the estimate and adjusted EPS was $0.25 above it. The QoQ column compares with the previous quarter's revenue of $1.50 billion and adjusted EPS of $0.88. The YoY column compares with $1.81 billion and $2.03 in the same quarter a year earlier.
GAAP results
- GAAP EPS. GAAP diluted EPS was $2.59, against $2.03 a year earlier.
- Net income. The company reported net income of $612.9 million on a GAAP basis, compared with net income of $475.0 million a year earlier.
Track record
- EPS record. Adjusted EPS beat the estimate in 4 of the last 8 reports, including this one.
- Revenue record. Revenue beat the estimate in 5 of the last 8 reports.
- Revenue trend. Revenue over the last 5 reports, oldest first: $1.81 billion, $1.34 billion, $1.44 billion, $1.50 billion and $2.10 billion.
What to watch
- Next-quarter estimates. Consensus calls for EPS of $0.41 and revenue of $1.37 billion next quarter, based on 4 analysts.
- Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 16% increase to $2.10 billion.
- Estimate record. Whether Evergy extends a record of beating EPS estimates in 4 of its last 8 reports.
- Related coverage. See our reports on Frontdoor, Wendy's, Madison Air Solutions and Vistance Networks.
Sources: Results are from Evergy's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Evergy's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.
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