Westar Energy earnings drop slightly

Topeka-based Westar Energy announced Tuesday that it earned slightly less in the third quarter of 2015 compared with the same period a year ago.

Westar, the state’s largest electric utility, reported earnings of $138 million, or 97 cents per share. That’s down from earnings of $147 million, or $1.13 per share, in the third quarter of 2014.

The company, which operates a power plant just outside of Lawrence, also tightened its earnings guidance for the remainder of 2015. The company now is expecting earnings of between $2.18 to $2.25 per share. Previously, the company had estimated that earnings could be as high as $2.33 per share.