Evergy, Inc.: The Robust Load Demand Growth & Key Partnerships!

Evergy, Inc. recently reported its earnings for the fourth quarter of 2024 and reported adjusted earnings of $3.81 per share for 2024, compared to $3.54 per share in 2023, showcasing robust year-over-year growth. A critical factor contributing to this growth was strong cost management, which helped offset the adverse impacts of mild weather, which reduced both cooling and heating demand. The company also benefited from a 1.1% increase in weather-normalized retail sales, driven by higher residential and commercial sales, including contributions from new operations like Meta’s data center.