WEC Energy Group Inc expected to post earnings of $2.18 a share - Earnings Preview

WEC Energy

02/05/2025 15:33

WEC Energy Group Inc WEC.N, WEC is expected to show a rise in quarterly revenue when it reports  results on May 6 for the period ending March 31 2025

The Milwaukee Wisconsin-based  company is expected to report a 5.4% increase in revenue to $2.824 billion from $2.68 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

​LSEG's mean analyst estimate for WEC Energy Group Inc is for earnings of $2.18 per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 12 "hold" and no "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 $104.50​, below​ its last closing price of $108.79. ​​​

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
1.40
1.42
1.43
Beat
0.6
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

This summary was machine generated May 2 at 14:33 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)