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.
