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NEWS RELEASE FOR IMMEDIATE RELEASE Evergy Announces 2021 First Quarter Results ● evergy GAAP EPS of $ 0.84 ; Adjusted EPS ( Non - GAAP ) of $ 0.55 Declares quarterly dividend of $ 0.535 Raises 2021 GAAP earnings guidance ; affirms 2021 adjusted earnings guidance KANSAS CITY , MO . , May 6 , 2021 - Evergy , Inc. ( NYSE : EVRG ) today announced first quarter 2021 earnings of $ 192 million , or $ 0.84 per share , compared with earnings of $ 69 million , or $ 0.31 per share , for the first quarter of 2020 . Evergy's adjusted earnings ( non - GAAP ) and adjusted earnings per share ( non - GAAP ) were $ 125 million and $ 0.55 , respectively , in the first quarter of 2021 compared with $ 94 million and $ 0.41 , respectively , in the first quarter of 2020. Adjusted earnings ( non - GAAP ) and adjusted earnings per share ( non - GAAP ) are reconciled to GAAP earnings in the financial table included in this release . First quarter earnings per share were driven higher primarily by favorable power marketing margins gained during the February winter weather event , which also favorably impacted retail sales compared to the prior year . Adjusted earnings exclude power marketing margins gained during the February winter weather event , as well as executive transition , severance , and advisor expenses . " We are off to a solid start in 2021 , " said David Campbell , Evergy president and chief executive officer . " Our team continues to execute - delivering strong financial results in the first quarter and advancing several key regulatory and legislative objectives . " Net - Zero Carbon Goal Evergy recently announced its Integrated Resource Plan ( IRP ) , which outlines and accelerates the company's carbon reduction timeline . Evergy plans to add 3,200 megawatts of renewable generation and retire nearly 1,200 megawatts of coal - based generation in the next 10 years . The plan balances sustainability , reliability , and affordability , and outlines Evergy's goal to achieve net zero carbon emissions by 2045 , enabled by a combination of supportive energy policies and ongoing technology developments . As part of the plan , Evergy also announced an interim target to reduce its carbon emissions 70 percent by 2030 , relative to 2005 levels . " Our net - zero carbon emission goal establishes a vision of accelerating our transition toward cleaner energy , benefitting our customers , communities and stakeholders , " said Campbell . " Reducing carbon emissions and increasing renewable energy benefits our customers by reducing operating costs and by making our operations more environmentally sustainable . The growth of renewable energy will bring economic benefits to our region through cost - competitive generation and investment in rural communities . Our plan will also assist our customers in meeting their own sustainability goals . " investors.evergy.com Public