Great Plains Energy Incorporated Earnings: What Investors Should Watch

Great Plains Energy Incorporated (NYSE:GXP) will report earnings after markets close on Thursday, May 9th. Great Plains Energy Incorporated provides electricity in the Midwest United States. The Company develops competitive generation for the wholesale market. Great Plains is also an electric delivery company with regulated generation. In addition, the Company is an investment company focusing on energy-related ventures nationwide that are unregulated with high growth potential.

Here is your Cheat Sheet to Great Plains Energy Incorporated Earnings:

Earnings Expectations: Analysts expect earnings of $0.12 per share on revenues of $516.94 million. Currently, the company’s P/E ratio stands at 17.64.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.43 to a profit $0.41. For the current year, the average estimate is a profit of $1.56, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Great Plains Energy Incorporated has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,670 1,965 2,256 2,318 2,310
Diluted EPS ($) 1.51 1.14 1.53 1.25 1.35

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 486.30 479.70 603.60 746.20 480.40
Diluted EPS ($) 0.0122 -0.07 0.41 0.95 0.0280

Past Performance:
Great Plains Energy Incorporated has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)