Evergy falls after Q1 profit miss on higher costs, lower demand

Shares of utility Evergy EVRG.O fall 2.6% to $67.76

Company misses Q1 adjusted profit estimates on higher costs and lower demand due to an unplanned maintenance shutdown by a large customer

EVRG posts Q1 adjusted profit of 54 cents per share vs est of 66 cents per share - data compiled by LSEG

Company reaffirms 2025 adjusted profit forecast of between $3.92 per share and $4.12 per share

EVRG's Q1 total revenue was $1.37 billion compared with $1.33 billion a year ago

Including session's moves, stock up ~13%