Great Plains Energy Q4 Profit Surges

(RTTNews) - Great Plains Energy (GXP) Wednesday reported fourth-quarter net income attributable to common shareholders of $17.1 million or $0.11 per share, compared to $4.3 million or $0.03 per share last year.

On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.09 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenues for the quarter rose to $538.80 million from $480.40 million a year ago. Analysts expected revenues of $515.89 million for the quarter.

The company expects full-year 2014 earnings guidance in the range of $1.60 to $1.75 per share. Analysts currently estimate earnings of $1.64 per share for the year.