WEC Energy Gr WEC reported its Q3 earnings results on Tuesday, November 1, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
WEC Energy Gr beat estimated earnings by 11.63%, reporting an EPS of $0.96 versus an estimate of $0.86.
Revenue was up $256.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 0.41% increase in the share price the next day.
Here's a look at WEC Energy Gr's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.85 | 1.66 | 0.68 | 0.79 |
EPS Actual | 0.91 | 1.79 | 0.71 | 0.92 |
Revenue Estimate | 1.78B | 2.73B | 1.72B | 1.68B |
Revenue Actual | 2.13B | 2.91B | 2.20B | 1.75B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
WEC Energy Gr management provided guidance for FY 2022, expecting earnings between $4.36 and $4.4 per share.
To track all earnings releases for WEC Energy Gr visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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