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Westar Energy Sees Strong Retail Sales in Second-Quarter 2012, but Tames Outlook for Full Year
By: IIR Industry News Alerts
Posted on August 09, 2012 at 02:33 AM EDT
SUGAR LAND--August 9, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)-- Energy company Westar Energy Incorporated (NYSE:WR) (Topeka, Kansas), which is the largest electric utility in Kansas, saw solid gains in the second quarter of 2012 as higher prices and stronger energy sales, driven by warmer weather, far outpaced higher operating costs and weaker Wholesale segment results. Net income was reported to be $61.36 million for the quarter, a 39.82% increase from second-quarter 2011.
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Westar Energy, Inc.
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