Gentler Winter Causes 21% Drop in Great Plains' First-Quarter 2015 Profits

SUGAR LAND--May 8, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Great Plains Energy (NYSE:GXP) (Kansas City, Missouri) said its net earnings for first-quarter 2015 were 21% lower than those for the same period in 2014, largely because of a return to more normal winter weather conditions this year from the "polar vortex" of 2014. The power and transmission company reported first-quarter capital expenditures of $217.9 million. Industrial info is tracking 12 active Great Plains projects worth $910.50 million.

Within this article: First-quarter earnings results and projects for Great Plains Energy.