WEC Energy Group Inc expected to post earnings of $1.42 a share - Earnings Preview

Reuters
01-31
WEC Energy Group Inc <wec.n> expected to post earnings of $1.42 a share - Earnings Preview </wec.n>
  • WEC Energy Group Inc WEC.N, WEC is expected to show a rise in quarterly revenue when it reports results on February 4 for the period ending December 31 2024

  • The Milwaukee Wisconsin-based company is expected to report a 18.4% increase in revenue to $2.626 billion from $2.22 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for WEC Energy Group Inc is for earnings of $1.42 per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for WEC Energy Group Inc is $100.80​, above​ its last closing price of $99.45. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.71

0.70

0.82

Beat

16.8

Jun. 30 2024

0.64

0.64

0.67

Beat

5.4

Mar. 31 2024

1.92

1.92

1.97

Beat

2.6​

Dec. 31 2023

1.08

1.08

1.10

Beat

1.5

​​Sep. 30 2023

0.91

0.91

1.00

Beat

9.8

Jun. 30 2023

0.85

0.85

0.92

Beat

8.7​

Mar. 31 2023

1.58

1.59

1.61

Beat

1

Dec. 31 2022

0.75

0.75

0.80

Beat

7.2

This summary was machine generated January 31 at 14:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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