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Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities

WEC Energy Group (WEC) Earnings Date, Estimates & Call Transcripts

$77.79
-1.10 (-1.39%)
(As of 04/16/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 1
Before Market Opens
Confirmed
Actual EPS
(Feb. 1)
$1.10 Beat By $0.02
Consensus EPS
(Feb. 1)
$1.08
Skip Charts & View Estimated and Actual Earnings Data

WEC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

WEC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

WEC Energy Group Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$1.76$1.76$1.761.890 - 1.910
Q2 20241$0.96$0.96$0.96 
Q3 20241$1.06$1.06$1.06 
Q4 20241$1.09$1.09$1.09 
FY 20244$4.87$4.87$4.87 
Q1 20251$2.10$2.10$2.10 
Q2 20251$0.85$0.85$0.85 
Q3 20251$0.89$0.89$0.89 
Q4 20251$1.39$1.39$1.39 
FY 20254$5.23$5.23 $5.23

WEC Earnings Date and Information

WEC Energy Group last posted its earnings results on February 1st, 2024. The utilities provider reported $1.10 EPS for the quarter, topping the consensus estimate of $1.08 by $0.02. The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.82 billion. Its quarterly revenue was down 13.3% compared to the same quarter last year. WEC Energy Group has generated $4.22 earnings per share over the last year ($4.22 diluted earnings per share) and currently has a price-to-earnings ratio of 18.4. Earnings for WEC Energy Group are expected to grow by 6.97% in the coming year, from $4.88 to $5.22 per share. WEC Energy Group has confirmed that its next quarterly earnings report will be published on Wednesday, May 1st, 2024.

WEC Energy Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024
Confirmed)
------- 
2/1/2024Q4 2023$1.08$1.10+$0.02$1.51$2.82 billion$2.22 billion    
10/31/2023Q3 2023$0.91$1.00+$0.09$1.00$2.03 billion$1.96 billion    
8/1/2023Q2 2023$0.85$0.92+$0.07$0.92$2.05 billion$1.83 billion    
5/1/2023Q1 2023$1.58$1.61+$0.03$1.61$2.90 billion$2.89 billion    
2/2/2023Q4 2022$0.75$0.80+$0.05$0.80$2.01 billion$2.56 billion    
11/1/2022Q3 2022$0.86$0.96+$0.10$0.96$1.83 billion$2.00 billion
8/2/2022Q2 2022$0.86$0.91+$0.05$0.91$1.76 billion$2.13 billion    
5/2/2022Q1 2022$1.66$1.79+$0.13$1.79$2.83 billion$2.91 billion    
2/3/2022Q4 2021$0.68$0.71+$0.03$0.71$1.86 billion$2.20 billion    
11/2/2021Q3 2021$0.79$0.92+$0.13$0.92$1.68 billion$1.75 billion    
8/3/2021Q2 2021$0.79$0.87+$0.08$0.87$1.60 billion$1.68 billion    
5/2/2021Q1 2021$1.47$1.61+$0.14$1.61$2.22 billion$2.69 billion  

WEC Energy Group Earnings - Frequently Asked Questions

When is WEC Energy Group's earnings date?

WEC Energy Group has confirmed that its next quarterly earnings data will be published on Wednesday, May 1st, 2024. Learn more on WEC's earnings history.

Did WEC Energy Group beat their earnings estimates last quarter?

In the previous quarter, WEC Energy Group (NYSE:WEC) reported $1.10 earnings per share (EPS) to beat the analysts' consensus estimate of $1.08 by $0.02. Learn more on analysts' earnings estimate vs. WEC's actual earnings.

How can I listen to WEC Energy Group's earnings conference call?

The conference call for WEC Energy Group's latest earnings report can be listened to online. Listen to Conference Call

How can I read WEC Energy Group's conference call transcript?

The conference call transcript for WEC Energy Group's latest earnings report can be read online. Read Transcript

How much revenue does WEC Energy Group generate each year?

WEC Energy Group (NYSE:WEC) has a recorded annual revenue of $8.89 billion.

How much profit does WEC Energy Group generate each year?

WEC Energy Group (NYSE:WEC) has a recorded net income of $1.33 billion. WEC has generated $4.22 earnings per share over the last four quarters.

What is WEC Energy Group's price-to-earnings ratio?

WEC Energy Group (NYSE:WEC) has a trailing price-to-earnings ratio of 18.43 and a forward price-to-earnings ratio of 15.94. The price/earnings-to-growth ratio is 2.75.

What is WEC Energy Group's EPS forecast for next year?

WEC Energy Group's earnings are expected to grow from $4.88 per share to $5.22 per share in the next year, which is a 6.97% increase.


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This page (NYSE:WEC) was last updated on 4/16/2024 by MarketBeat.com Staff

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