WEC Energy Group Inc reports results for the quarter ended June 30 - Earnings Summary

WEC Energy

30/07/2025 13:26

WEC Energy Group Inc WEC.N reported quarterly adjusted earnings of 76 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 67 cents.  The mean expectation of twelve analysts for the quarter was for earnings of 70 cents per share. Wall Street expected results to range from 66 cents to 82 cents per share.

Revenue rose 13.4% to $2.01 billion from a year ago; analysts expected $1.76 billion.

WEC Energy Group Inc's reported EPS for the quarter was 76 cents​.

The company reported quarterly net income of $245.4 million.

WEC Energy Group Inc shares had risen by 4.3% this quarter and gained 15.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 10.6% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is  "buy."

Wall Street's median 12-month price target for WEC Energy Group Inc is $110.00, about 1.2% above its last closing price of $108.63

This summary was machine generated from LSEG data July 30 at 12:25 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.70
0.76
Beat
Mar. 31 2025
2.18
2.27
Beat
Dec. 31 2024
1.42
1.43
Beat
Sep. 30 2024
0.70
0.82
Beat