WR Earnings History
Westar Energy, Inc. (WR) operates in the Utilities sector, specifically the General Utilities industry, listed on NYSE, carrying a beta of 0.31 to the broader market. public since 1987-08-25.
Westar Energy, Inc. has beat EPS estimates in 3 of the last 6 quarters.
| Date | EPS Est. | EPS Actual | Surprise | Revenue Est. | Revenue Actual |
|---|---|---|---|---|---|
| Mar 31, 2020 | 0.38 | 0.31 | N/A | $1.10B | $1.12B |
| Dec 31, 2019 | 0.33 | 0.27 | N/A | $1.13B | $1.13B |
| Sep 30, 2019 | 1.89 | 1.50 | N/A | $1.49B | $1.58B |
| Jun 30, 2019 | 0.44 | 0.56 | N/A | $1.27B | $1.22B |
| Mar 31, 2019 | 0.21 | 0.39 | N/A | $1.23B | $1.22B |
| Dec 31, 2018 | 0.05 | 0.09 | N/A | $4.27B | $4.27B |
What WR's Earnings History Tells Options Traders
Westar Energy, Inc. has a mixed earnings record (3 beats out of 6 reports). Mixed beat rates make options sizing harder: pre-event IV typically reflects the elevated uncertainty, but the post-event move is less predictable, so directional structures (long calls or puts) may carry more edge than pure short-vol structures. Beat rate is one input to event-driven sizing; pair it with the implied-vs-realized volatility view, the current IV rank, and the put-call skew going into the print. Surprise magnitude matters as much as direction - an in-line beat with conservative guidance can produce a larger negative move than a missed quarter with raised forward guidance. The earnings table above shows the most recent six reported quarters; for the full multi-year history including revenue growth trajectory and EPS guidance trends, the per-ticker fundamentals view aggregates the underlying GAAP filings.
How Earnings Drive WR Options Pricing
Earnings events are the largest single driver of single-name implied volatility in equity options markets. Pre-event, IV inflates over the two-to-three week run-up as the binary uncertainty of the print compounds; the IV rank typically peaks the day before the announcement. Post-event, IV crushes back toward the realized-volatility baseline as uncertainty resolves. The magnitude of the crush depends on how stretched pre-event IV was relative to the eventual realized move - an oversized pre-event IV with an undersized realized move produces the cleanest premium-selling outcome, while a stretched IV that still under-prices a tail move on the print produces the cleanest long-vol outcome.
The catalyst calendar for WR matters beyond the headline EPS surprise. Forward guidance revisions, capital-allocation changes (dividend hikes, buyback authorizations, M&A announcements), and segment-level performance discussions can drive larger post-event moves than the headline beat or miss. Pair the earnings beat-rate read above with the upcoming-event calendar and the IV-rank view to size pre-event and post-event positioning; for short-vol structures the goal is to be long premium-rich and to harvest the IV crush, while for long-vol structures the goal is to own gamma cheap into a regime where the realized move is likely to exceed the implied move.