Westar Energy (WR) raises its FY11 guidance due to an expected benefit stemming from the...

|About: Westar Energy, Inc. (WR)|By:, SA News Editor

Westar Energy (WR) raises its FY11 guidance due to an expected benefit stemming from the settlement of a legal dispute, plus a gain on the disposition of an investment written off in 1998. It now says FY11 EPS will be around $1.88-$2.03, above consensus estimates of $1.70. Shares +1.5% AH.