Great Plains Energy Q2 Profit Declines - Quick Facts

(RTTNews) - Great Plains Energy (GXP) reported that its second-quarter net income to shareholders decreased to $75.1 million or $0.49 per share, from $88.8 million or $0.58 per share, prior year.

On average, twelve analysts polled by Thomson Reuters expected the company to report profit per share of $0.41 for the quarter. Analysts' estimates typically exclude special items.

Operating revenues increased to $648.4 million from $600.3 million, while four analysts expected revenue of $613.43 million for the quarter.

The company continues to expect 2014 earnings to be in the range of $1.60 to $1.75 per share. Analysts expect the company to report 2014 profit per share of $1.66.