The utility’s first-quarter 2026 earnings per share rose sharply due to new contracts with data center operators.
Evergy reported a 25% year-over-year increase in Q1 2026 earnings per share, driven by new power supply agreements with data center customers. The deals reflect rising demand from tech firms expanding cloud and AI infrastructure in the region.
Analysts had expected mid-single-digit growth for the quarter, while the prior-year period saw a modest 3% EPS gain. The utility’s service territory includes growing data center hubs, positioning it to benefit from long-term load growth.
Shares of Evergy edged higher in pre-market trading following the release, though broader utility sector movements remained muted.