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WEC Energy Group (WEC) Q4 Earnings and Revenues Top Estimates
ZACKS· 2026-02-05 14:11
WEC Energy Group (WEC) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +2.75%. A quarter ago, it was expected that this electricity and natural gas provider would post earnings of $0.79 per share when it actually produced earnings of $0.83, delivering a surprise of +5.06%.Over the las ...
Utility WEC Energy tops Q4 profit estimates as electricity, gas sales rise
Reuters· 2026-02-05 13:00
Core Insights - WEC Energy Group Inc reported a fourth-quarter profit that exceeded Wall Street estimates, attributed to an increase in residential and commercial sales as the utility sector continued to benefit from favorable market conditions [1] Financial Performance - The company's fourth-quarter profit surpassed analyst expectations, indicating strong financial performance [1] - The uptick in sales from both residential and commercial sectors contributed significantly to the profit increase [1]
WEC Energy Group posts 2025 results
Prnewswire· 2026-02-05 12:00
Excluding these charges, WEC Energy Group's adjusted earnings for 2025 rose to $5.27 per share — an increase of 8.0 percent over 2024 adjusted earnings of $4.88 per share. For the fourth quarter of 2025, WEC Energy Group recorded net income based on GAAP of $316.6 million, or 97 cents per share. This compares to earnings of $453.5 million, or $1.43 per share, for the fourth quarter of 2024. Excluding the 2025 charge, WEC Energy Group's adjusted earnings for the fourth quarter of 2025 totaled $1.42 per share ...
WEC Energy Group to announce 2025 fourth-quarter and year-end financial results Feb. 5
Prnewswire· 2026-01-29 17:00
Core Viewpoint - WEC Energy Group Inc. is set to release its fourth-quarter and full-year earnings for 2025 on February 5, 2026, before the stock market opens, followed by a conference call for investors and analysts at 1 p.m. Central time [1]. Group 1: Company Overview - WEC Energy Group is a leading energy company in the United States, serving approximately 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota [2]. - The company operates several principal utilities, including We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources, and Upper Michigan Energy Resources [3]. - WEC Energy Group is a Fortune 500 company and a component of the S&P 500, with around 32,000 stockholders of record and 7,000 employees, managing over $51 billion in assets [4]. Group 2: Financial Information and Events - Detailed financial information regarding the earnings release will be available on the WEC Energy Group website by 6:30 a.m. Central time on February 5 [1]. - The conference call will provide an opportunity for investors and security analysts to discuss the earnings results [1].
WEC Energy Group (WEC) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2026-01-29 16:06
Core Viewpoint - The market anticipates a year-over-year decline in earnings for WEC Energy Group despite an increase in revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - WEC Energy is expected to report quarterly earnings of $1.38 per share, reflecting a year-over-year decrease of 3.5%, while revenues are projected to be $2.45 billion, an increase of 7.2% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their initial projections [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for WEC Energy is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.58%, suggesting a bullish outlook from analysts [11]. Historical Performance - In the last reported quarter, WEC Energy exceeded the expected earnings of $0.79 per share by delivering $0.83, achieving a surprise of +5.06%. Over the last four quarters, the company has beaten consensus EPS estimates three times [12][13]. Investment Considerations - While WEC Energy is viewed as a strong candidate for an earnings beat, other factors may also influence stock performance, making it essential for investors to consider a comprehensive analysis before making investment decisions [14][16].
Why WEC Energy (WEC) is Poised to Beat Earnings Estimates Again
ZACKS· 2026-01-28 18:11
Core Viewpoint - WEC Energy Group is positioned well to continue its trend of beating earnings estimates in upcoming quarterly reports [1] Earnings Performance - WEC Energy has a strong history of exceeding earnings estimates, with an average surprise of 6.05% over the last two quarters [2] - In the most recent quarter, the company reported earnings of $0.83 per share, surpassing the expected $0.79 per share by 5.06% [2] - For the previous quarter, WEC Energy's actual earnings were $0.76 per share against an estimate of $0.71 per share, resulting in a surprise of 7.04% [2] Earnings Estimates and Predictions - Recent earnings estimates for WEC Energy have been revised upward, indicating positive sentiment among analysts [5] - The Zacks Earnings ESP for WEC Energy is currently +0.58%, suggesting bullish expectations for near-term earnings [8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a strong possibility of another earnings beat [8] Statistical Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]
WEC Energy Group's Market Performance and Leadership Transition
Financial Modeling Prep· 2026-01-23 21:00
Core Viewpoint - WEC Energy Group is a significant player in the energy sector, providing electricity and natural gas to millions across the Midwest, with a strong presence in Wisconsin, Illinois, Michigan, and Minnesota [1] Company Overview - WEC Energy Group's main competitors include large utility companies such as Exelon and Duke Energy [1] - The company has a market capitalization of approximately $35.27 billion, indicating its substantial size in the energy sector [4] Stock Performance - As of the latest update, WEC's stock price is $108.41, reflecting a slight decrease of 0.86% from the previous day [4] - The stock has traded between $107.87 and $109.11 on the current day, with a yearly high of $118.19 and a low of $96.37, indicating some volatility [4] - RBC Capital maintained a "Sector Perform" rating for WEC, suggesting investors hold their shares, and adjusted its price target from $131 to $127, indicating a more cautious outlook [2] Leadership Changes - Gale Klappa, a key figure in WEC's history, is set to retire from the board in May, having been instrumental in the company's growth since 2003, including the acquisition of Integrys Energy Group in 2015 [3] - Klappa's leadership has been pivotal during challenging times, particularly noted by his return as CEO in 2017 [3] Investor Interest - Today's trading volume on the NYSE is 386,468 shares, showing active investor interest in WEC [4] - Investors will be closely monitoring the impact of leadership transitions on the company's future direction [4]
Klappa to retire, named Chairman Emeritus
Prnewswire· 2026-01-22 21:33
Lauber to be appointed Chairman MILWAUKEE, Jan. 22, 2026 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today announced that consistent with the company's guidelines, Gale Klappa, 75, will not be standing for election and will retire from the board following the annual meeting in May. Klappa joined Wisconsin Energy as president in April 2003. He was elected to the company's board of directors in December 2003. From May 2004, Klappa served as chairman and chief executive officer of Wi ...
WEC Energy Group raises quarterly dividend by 6.7 percent
Prnewswire· 2026-01-22 20:05
Core Viewpoint - WEC Energy Group has declared a quarterly cash dividend of 95.25 cents per share, marking a 6.7% increase from the previous dividend of 89.25 cents per share, raising the annual dividend rate to $3.81 per share [1][2]. Company Overview - WEC Energy Group serves approximately 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota, and is recognized as one of the nation's premier energy companies [3]. - The company has a diverse portfolio of utilities, including We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources, and Upper Michigan Energy Resources [4]. - WEC Infrastructure LLC, a subsidiary, owns a growing fleet of renewable generation facilities across various states, including South Dakota and Texas [4]. - The company is a Fortune 500 entity and a component of the S&P 500, with around 32,000 stockholders of record and over $49 billion in assets [5]. Dividend History - The upcoming dividend payment on March 1, 2026, will be the 334th consecutive quarter of dividend payments since 1942 [2]. - The declared dividend increase signifies the 23rd consecutive year of dividend increases for stockholders [3]. - The company aims for a dividend payout ratio of 65 to 70 percent of earnings [3].
Top Renewable Energy Stocks Worth Watching – January 16th
Defense World· 2026-01-18 07:28
Group 1: Renewable Energy Stocks Overview - Quanta Services, WEC Energy Group, and Clearway Energy are highlighted as key renewable energy stocks to monitor, based on their high trading volume recently [2] - Renewable energy stocks represent companies focused on producing energy from renewable sources or providing related equipment and services, appealing to investors seeking exposure to the shift from fossil fuels [2] Group 2: Quanta Services (PWR) - Quanta Services, Inc. offers infrastructure solutions across various sectors including electric and gas utilities, renewable energy, and communications, operating in the U.S., Canada, Australia, and internationally [3] - The company’s Electric Power Infrastructure Solutions segment is involved in the design, construction, and maintenance of electric power transmission and distribution infrastructure, including smart grid technologies [3] Group 3: WEC Energy Group (WEC) - WEC Energy Group, Inc. provides regulated natural gas and electricity services, along with renewable energy services through its subsidiaries, operating in multiple states including Wisconsin and Illinois [4] Group 4: Clearway Energy (CWEN) - Clearway Energy, Inc. operates in the renewable energy sector in the U.S., with approximately 6,000 net MW of installed wind, solar, and energy generation projects, and around 2,500 net MW of natural gas-fired generation facilities [4]