Evergy, Inc. EVRG ) is scheduled to release third-quarter 2026 results on Nov. 5, before the market opens. The company delivered an earnings surprise of 7.32% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
EVRG’s Q3 Expectations
The Zacks Consensus Estimate for earnings is pegged at $2.30 per share, indicating a year-over-year increase of 13.30%.
The Zacks Consensus Estimate for revenues is pegged at $1.90 billion, indicating an increase of 4.71% from the year-ago reported figure.
Factors Likely to Have Impacted EVRG's Q3 Earnings
Evergy's third-quarter earnings are expected to have benefited from customer growth and rising electricity demand across its service territories. Residential customer additions, along with continued economic development, are likely to have supported higher electricity consumption and load growth
EVRG's executed Electric Service Agreements (ESAs) with large customers, including data center operators, are expected to support third-quarter results by securing long-term electricity demand and providing greater revenue visibility. Rising power consumption from these customers is likely to have boosted electricity sales and contribute to load growth.
The company's emphasis on maintaining affordable rates while delivering reliable services is expected to have supported customer growth across its service territories. New customer additions and electricity demand are likely to act as tailwinds for third-quarter results.
Evergy's investments in generation, transmission and distribution infrastructure are also expected to support third-quarter performance. These investments enhance system reliability, accommodate rising electricity demand and contribute to rate-base growth.
However, higher operations and maintenance expenses are expected to have partially offset these positive factors in the third quarter.
What Our Quantitative Model Predicts for EVRG
Our proven model predicts an earnings beat for Evergy this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.
Earnings ESP: The company’s Earnings ESP is +2.90%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Currently, Evergy carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Evergy Inc. Price and EPS Surprise
Evergy Inc. price-eps-surprise | Evergy Inc. Quote
Other Stocks to Consider
Investors may consider the following players from the same industry, as these have the right combination of elements to post an earnings beat this reporting cycle.
Duke Energy DUK is scheduled to report third-quarter results on Nov. 5 and is likely to have come up with an earnings beat. It has an Earnings ESP of +1.07% and a Zacks Rank #3 at present.
DUK’s long-term (three to five years) earnings growth rate is 6.38%. The Zacks Consensus Estimate for earnings is pegged at $1.87 per share, which suggests a year-over-year increase of 3.31%.
The Southern Company SO is set to report third-quarter 2026 results on Nov. 5, and is likely to have come up with an earnings beat. It has an Earnings ESP of +0.84% and a Zacks Rank #3 at present.
SO’s long-term earnings growth rate is 8.28%. The Zacks Consensus Estimate for third-quarter earnings per share (EPS) is pinned at $1.71, which implies a year-over-year increase of 6.88%.
PPL Corporation PPL is set to report third-quarter 2026 results on Nov. 6 and is likely to have come up with an earnings beat. It has an Earnings ESP of +0.38% and a Zacks Rank #2 at present.
PPL’s long-term earnings growth rate is 5.26%. The Zacks Consensus Estimate for third-quarter EPS is pinned at 53 cents, which implies a year-over-year increase of 10.42%
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Evergy Inc. (EVRG): Free Stock Analysis Report
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Southern Company (The) (SO): Free Stock Analysis Report
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This article originally published on Zacks Investment Research (zacks.com).