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

WEC Energy Group logo
$101.05 -0.77 (-0.76%)
(As of 11/29/2024 ET)

WEC Energy Group Latest Earnings Summary

Upcoming Q4
Earnings Date
Feb. 6Estimated
Actual EPS
(Oct. 31)
$0.82 Beat By $0.12
Consensus EPS
(Oct. 31)
$0.70

WEC Energy Group posted Q3 2024 earnings on October 31, 2024, reporting an EPS of $0.82, which topped the consensus estimate of $0.70 by $0.12. Quarterly revenue fell 4.8% year-over-year to $1.86 billion, below analysts' expectations of $1.93 billion. With a trailing EPS of $4.09 and a P/E Ratio of 24.71, WEC Energy Group's earnings are expected to grow 6.98% next year, from $4.87 to $5.21 per share.

WEC Upcoming Earnings

WEC Energy Group's next earnings date is estimated for Thursday, February 6, 2025, based off prior year's reporting schedules.

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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$1.85$1.85$1.851.890 - 1.910
Q2 20242$0.64$0.64$0.64 
Q3 20242$1.11$1.18$1.150.680 - 0.700
Q4 20242$1.16$1.44$1.30 
FY 20247$4.76$5.11$4.94 
Q1 20251$2.17$2.17$2.17 
Q2 20251$0.76$0.76$0.76 
Q3 20251$0.95$0.95$0.95 
Q4 20251$1.30$1.30$1.30 
FY 20254$5.18$5.18$5.18 
Q1 20261$2.26$2.26$2.26 
Q2 20261$0.85$0.85$0.85 
Q3 20261$1.11$1.11$1.11 

WEC Energy Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
2/6/2025
(Estimated)
------- 
10/31/2024Q3 2024$0.70$0.82+$0.12$0.88$1.93B$1.86B    
7/31/2024Q2 2024$0.63$0.67+$0.04$0.67$1.87B$1.77B      
5/1/2024Q1 2024$1.90$1.97+$0.07$1.97$2.92B$2.68B      
2/1/2024Q4 2023$1.08$1.10+$0.02$1.51$2.82B$2.22B      
10/31/2023Q3 2023$0.91$1.00+$0.09$1.00$2.03B$1.96B      
8/1/2023Q2 2023$0.85$0.92+$0.07$0.92$2.05B$1.83B      
5/1/2023Q1 2023$1.58$1.61+$0.03$1.61$2.90B$2.89B      
2/2/2023Q4 2022$0.75$0.80+$0.05$0.80$2.01B$2.56B      

WEC Energy Group Earnings - Frequently Asked Questions

WEC Energy Group has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, February 6th, 2025 based off last year's report dates. Learn more on WEC's earnings history.

WEC Energy Group updated its FY24 earnings guidance on Thursday, October, 31st. The company provided EPS guidance of $4.80 to $4.90 for the period, compared to the consensus EPS estimate of $4.86.

In the previous quarter, WEC Energy Group (NYSE:WEC) reported $0.82 earnings per share (EPS) to beat the analysts' consensus estimate of $0.70 by $0.12. Learn more on analysts' earnings estimate vs. WEC's actual earnings.

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

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

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

WEC Energy Group (NYSE:WEC) has a recorded net income of $1.33 billion. WEC has generated $4.09 earnings per share over the last four quarters.

WEC Energy Group (NYSE:WEC) has a trailing price-to-earnings ratio of 24.71 and a forward price-to-earnings ratio of 20.75. The price/earnings-to-growth ratio is 2.77.

WEC Energy Group's earnings are expected to grow from $4.87 per share to $5.21 per share in the next year, which is a 6.98% increase.

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This page (NYSE:WEC) was last updated on 11/30/2024 by MarketBeat.com Staff
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