WEC Energy (WEC) Tops Q4 EPS by 3c, Revenues Miss

WEC Energy (NYSE: WEC) reported Q4 EPS of $0.76, $0.03 better than the analyst estimate of $0.73. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $2.11 billion.

"In a challenging year, we turned resilience into results for our stockholders, our customers, and our communities," said Gale Klappa, executive chairman. "And our momentum should accelerate in 2021 as we execute our ESG Progress Plan — investing in efficiency, sustainability, and growth."

"Today, we are also reaffirming the company's 2021 earnings guidance. We expect earnings to be in a range of $3.99 to $4.03 per share — in line with our long-term objective of growing earnings at a rate of 5 to 7 percent annually," Klappa said.

For earnings history and earnings-related data on WEC Energy (WEC) click here.

You May Also Be Interested In

• Corpay agrees to $100M FTC settlement over marketing practices
• Can global equities keep rising? UBS sees these factors driving upside
• Wells Fargo cuts Netflix rating on engagement risk, weak slate