Westar Energy (WR) Reports In-Line Q1 EPS

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Go back to Westar Energy (WR) Reports In-Line Q1 EPS

Westar Energy Announces 1st Quarter 2016 Results.

May 3, 2016 5:03 PM EDT

                TOPEKA, Kan., May 3, 2016 - Westar Energy, Inc. (NYSE: WR) today announced earnings of $66 million, or $0.46 per share, for the first quarter 2016 compared with earnings of $51 million, or $0.38 per share, for the first quarter 2015.

                Higher net income for the quarter, compared with last year, was driven by the impact of last fall's rate order which recovered the costs of mandated air quality controls, higher corporate owned life insurance proceeds, lower distribution system expenses, and lower operating and maintenance costs as a result of... More