Earnings release
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News Releases HOME / NEWS RELEASES / EVERGY ANNOUNCES 2021 SECOND QUARTER RESULTS Evergy Announces 2021 Second Quarter Results August 5 , 2021 at 7:00 AM EDT GAAP EPS of $ 0.81 ; Adjusted EPS ( Non - GAAP ) of $ 0.85 • Declares quarterly dividend of $ 0.535 Reaffirms 2021 adjusted earnings guidance KANSAS CITY , Mo .-- ( BUSINESS WIRE ) -- Aug . 5 , 2021-- Evergy , Inc. ( NYSE : EVRG ) today announced second quarter 2021 earnings of $ 185 million , or $ 0.81 per share , compared with earnings of $ 133 million , or $ 0.59 per share , for the second quarter of 2020 . Evergy's adjusted earnings ( non - GAAP ) and adjusted earnings per share ( non - GAAP ) were $ 195 million and $ 0.85 , respectively , in the second quarter of 2021 compared with $ 154 million and $ 0.68 , respectively , in the second 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 . Second quarter earnings per share were driven higher primarily by higher weather - normalized demand , higher transmission margin , lower operating and maintenance expense and higher other income , partially offset by unfavorable weather . " Strong financial and operational execution allowed our team to deliver solid results in the first half of the year . We also completed a number of significant milestones , including the announcement of our Integrated Resource Plan ( IRP ) , which outlines and accelerates the company's carbon reduction timeline , the completion of Sustainability Transformation Plan workshops in both Kansas and Missouri , and the passage of securitization legislation in both states , " said David Campbell , Evergy president and chief executive officer . " We will remain focused on execution in order to capitalize on this strong momentum . " Earnings Guidance The Company has reaffirmed its 2021 adjusted EPS guidance range of $ 3.20 to $ 3.40 and long - term adjusted EPS annual growth target of 6 % to 8 % from 2019 through 2024 . Dividend Declaration The Board of Directors declared a dividend on the Company's common stock of $ 0.535 per share payable on September 20 , 2021. The dividends are payable to shareholders of record as of August 20 , 2021 . Earnings Conference Call