Great Plains Energy (GXP) Reports In-Line Q4 EPS

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Great Plains Energy Reports Full-Year 2017 Results

February 21, 2018 5:11 PM EST

Westar Merger on Track to Close Second Quarter of 2018

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Great Plains Energy (NYSE: GXP) today announced a fourth quarter 2017 loss of $100.1 million or $0.46 per share of average common stock outstanding, compared with fourth quarter 2016 earnings of $83.2 million or $0.39 per share. Great Plains Energy also announced a full-year 2017 loss of $143.5 million or $0.67 per share, compared to earnings of $273.5 million or $1.61 per share in 2016.

The decrease in earnings was largely driven by a number of non-recurring impacts due to the anticipated merger with Westar... More