Westar Energy Earnings: Here’s Why Shares are Down Now

Westar Energy, Inc. (NYSE:WR) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 0.09%.

Westar Energy, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 10.42% to $0.53 in the quarter versus EPS of $0.48 in the year-earlier quarter.

Revenue: Rose 0.59% to $569.6 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Westar Energy, Inc. reported adjusted EPS income of $0.53 per share. By that measure, the company beat the mean analyst estimate of $0.45. It missed the average revenue estimate of $570.87 million.

Key Stats (on next page)…

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