Great Plains Energy (GXP) Misses Q4 EPS by 2c
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Great Plains Energy Reports Fourth Quarter and Full-Year 2015 Results; Announces 2016 Earnings Guidance and Long-Term Earnings and Dividend Growth Targets
February 24, 2016 5:09 PM ESTKANSAS CITY, Mo.--(BUSINESS WIRE)-- Great Plains Energy (NYSE: GXP) today announced fourth quarter 2015 earnings of $22.5 million or $0.15 per share of average common stock outstanding, compared with fourth quarter 2014 earnings of $19.1 million or $0.12 per share. Great Plains Energy also reported full-year 2015 earnings of $211.4 million or $1.37 per share, compared to $241.2 million or $1.57 per share in 2014.
The Company also introduced its 2016 earnings guidance range of $1.65 to $1.80 per share. The Company reinforced confidence in its business operations and long-term opportunity for growth in targeting a compound annual earnings growth rate of 4 to 5 percent from 2016 to 2020.... More
