Evergy Inc ($EVRG) Q3 2025 Earnings Call
EVRG - Earnings call Q3 2025.
Chief Executive Officer, President & Chairman of the Board, Evergy
Search every verified David Campbell interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. David Campbell, chairman and chief executive officer of Evergy, discussed the company's third quarter 2025 results during a November 1 earnings call. He stated that Evergy is narrowing its 2025 adjusted EPS guidance range to $3.92 to $4.02 per share, down from the original range of $3.92 to $4.12, attributing the change to "weather headwinds from below normal cooling degree days." Campbell also announced a 4% increase in the quarterly dividend to $2.78 per share on an annualized basis, which he said is "consistent with our updated growth outlook." During the call, Campbell described the company's proposed Large Load Power Service (LLPS) tariff, under which "new large customers will pay a higher rate than existing customers, ensuring that revenues from new customers directly mitigate future rate increases for our existing customer base." He also commented on regional economic development collaboration, noting his role as vice chair of the Kansas City Area Development Council and expressing that he has been "very impressed" by the teamwork across state lines in the area.
“We are narrowing our 2025 adjusted EPS guidance range to $3.92 to $4.02 per share, from our original range of $3.92 to $4.12 per share. The lower midpoint is primarily due to weather headwinds from below normal cooling degree days in the second and third quarters, which negatively impacted our results by 13 cents per s...”
“I'm happy to announce a 4% increase in our quarterly dividend to $2.78 per share on an annualized basis. This increase is consistent with our updated growth outlook and working toward the midpoint of our 60% to 70% target payout ratio.”
“We have achieved strong operational and reliability performance through September. Year to date, our generation availability as measured by the forced outage rate as well as our overall grid reliability as measured by SAIDI are both favorable to target. These results demonstrate the benefits of our continued infrastruc...”
“Under the proposed LLPS tariff, new large customers will pay a higher rate than that paid by our existing large customers. As a result, the revenues from new customers will directly mitigate future rate increases for our existing customers as we're able to spread the fixed costs of our system over a broader base.”
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