Evergy’s shares closed up modestly by 1.0% following first quarter results that broadly aligned with prior guidance, supported by continued progress in large customer contracts but without any significant upside to materially shift market sentiment.

• Delivered adjusted EPS of $0.69 in Q1 2026, up from $0.55 a year ago, driven by regulated investment recovery, weather-normalized demand growth, and large load customer revenues.
• Signed a fifth large customer electric service agreement (ESA), adding to a pipeline that supports 7% to 8% annual retail load growth through 2030, with steady-state peak load commitments totaling approximately 3 gigawatts.
• Reaffirmed full-year 2026 adjusted EPS guidance range of $4.14 to $4.34 and long-term EPS growth target of 6% to 8%+ annually through 2030.
• Margins to benefit from amended ESAs and expansion opportunities, although upside from potential expansions and Tier 2 projects remains excluded from current financial plans.
• Regulatory filings, including the 2026 Integrated Resource Plan, will incorporate updated demand growth assumptions and revised cost estimates, indicating ongoing strategic adjustments ahead.