Great Plains Energy reports Q2 adjusted EPS 43c, consensus 47c
"Our financial performance for the second quarter was in line with our expectations, as solid operational performance helped overcome the impacts of milder weather," said Terry Bassham, chairman and chief executive officer of Great Plains Energy. Bassham continued, "Our recently announced merger of equals with Westar Energy provides a compelling opportunity to deliver value for our shareholders and best in class service for our customers. Together, we will create a leading Midwest energy company where the many strategic benefits of our combination will create a stronger company for our customers and communities and position us to generate more value for shareholders than we could alone. We continue to work toward completing the transaction and remain confident in a timely closing in the first half of 2018."