08.05.2014 23:47:56

Great Plains Energy Q1 Profit Declines - Quick Facts

(RTTNews) - Great Plains Energy (GXP) reported that its first-quarter net income to shareholders decreased to $23.4 million or $0.15 per share, from $25.6 million or $0.17 per share, prior year.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.19 for the quarter. Analysts' estimates typically exclude special items.

Operating revenues increased to $585.1 million from $542.2 million. Analysts expected revenue of $561.60 million for the quarter.

The company also affirmed its 2014 earnings guidance range of $1.60 to $1.75 per share. Analysts expect the company to report 2014 profit per share of $1.68.

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