Westar sees profit rise slightly in first quarter

Westar Energy said it had profit of $31 million in the first quarter 2011, up $1.3 million from the first quarter of 2010.

A $22 million increase in revenues was offset by higher operating expenses.

Dividends per share were 0.27 cents for the quarter. The company affirmed its 2011 earnings guidance of $1.65 to $1.80 per share.