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