WEC Energy Group Inc reports results for the quarter ended June 30 - Earnings Summary
WEC Energy Group Inc reports results for the quarter ended June 30 - Earnings Summary
WEC Energy Group Inc WEC.N reported quarterly adjusted earnings of 91 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 79 cents to 96 cents per share.
Revenue rose 2.6% to $2.06 billion from a year ago; analysts expected $2.05 billion.
WEC Energy Group Inc's reported EPS for the quarter was 91 cents.
The company reported quarterly net income of $299.2 million.
WEC Energy Group Inc shares had fallen by 2.7% this quarter and gained 7.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.9% 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 "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 12 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy"
Wall Street's median 12-month price target for WEC Energy Group Inc is $124.00, about 8.4% above its last closing price of $113.61
This summary was machine generated from LSEG data July 29 at 12:02 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 2026 | 0.82 | 0.91 | Beat |
Mar. 31 2026 | 2.27 | 2.45 | Beat |
Dec. 31 2025 | 1.40 | 0.97 | Missed |
Sep. 30 2025 | 0.81 | 0.83 | Beat |
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