08.08.2013 23:47:22

Great Plains Energy Q2 Profit Down

(RTTNews) - Great Plains Energy (GXP) Thursday reported second-quarter earnings of $63.2 million or $0.41 per share, compared to $57.7 million or $0.41 per share last year.

On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.40 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenues for the quarter dropped to $600.3 million from $603.6 million a year ago. Analysts expected revenues of $607.65 million for the quarter.

The company also reaffirmed its full-year 2013 earnings guidance of $1.44 to $1.64 per share. Analysts currently estimate earnings of $1.57 per share for the year.

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