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WEC Energy Group Adjusts Q1 Earnings Forecast
Company Announcements

WEC Energy Group Adjusts Q1 Earnings Forecast

WEC Energy Group Inc (WEC) has issued an announcement.

WEC Energy Group, Inc. remains confident in their projected annual earnings for 2024, anticipating $4.80 to $4.90 per share, provided the weather stays normal. Despite this, the company has adjusted its first quarter expectations down to $1.89 to $1.91 per share due to an unusually warm winter. This is a decrease from their previous estimate of $1.96 to $2.00 per share, with actual first quarter earnings in 2023 hitting $1.61 per share. Company representatives are set to discuss these figures and forecasts in detail during upcoming investor meetings.

For detailed information about WEC stock, go to TipRanks’ Stock Analysis page.

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