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Utilities | Electric Utilities | USA

WEC Energy Group (WEC) Surpasses Q2 Earnings Estimates

WEC Energy Group (WEC) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 5.71%. A quarter ago, it was expected that this electricity and natural gas provider would post earnings of $1.25 per share when it actually produced earnings of $1.33, delivering a surprise of 6.40%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

WEC Energy, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $1.59 billion for the quarter ended June 2019, missing the Zacks Consensus Estimate by 1.74%. This compares to year-ago revenues of $1.67 billion.


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https://finance.yahoo.com/news/wec-energ...12983.html


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WEC Energy Group (WEC) Q1 Earnings Surpass Estimates

WEC Energy Group (WEC) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.33 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this electricity and natural gas provider would post earnings of $0.72 per share when it actually produced earnings of $0.77, delivering a surprise of 6.94%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

WEC Energy, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $2.11 billion for the quarter ended March 2020, missing the Zacks Consensus Estimate by 12.78%. This compares to year-ago revenues of $2.38 billion.


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https://finance.yahoo.com/news/wec-energ...12811.html

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