Business News • MarketWire • Westar Energy Announces Third Quarter 2010 Results |
Westar Energy Announces Third Quarter 2010 Results |
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Westar Energy Announces Third Quarter 2010 Results
TOPEKA, KS--(Marketwire - October 28, 2010) - Westar Energy, Inc. (NYSE: WR) today announced earnings of $115 million, or $1.02 per share, for the third quarter 2010 compared with earnings of $81 million, or $0.73 per share, for the third quarter 2009. Earnings for the nine months ended September 30, 2010 were $198 million, or $1.77 per share, compared with $163 million, or $1.48 per share for the same period in 2009. Earnings for 2009 included federal tax benefits related to prior period activity, which contributed $0.30 per share. The company noted the primary driver of higher earnings was much warmer summer weather this year compared with last year.
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