Earnings Alerts

Forecasted Earnings for WEC Energy Group (WEC): A Detailed Analysis

  • WEC Energy predicts its Full Year Earnings Per Share (EPS) to be between $4.80 and $4.90.
  • The estimated EPS was $4.87, which falls within the company’s forecasted range.
  • For the first quarter, WEC Energy expects its EPS to be between $1.89 and $1.91.
  • The estimated EPS for the first quarter was $1.91, aligning with the company’s upper forecast limit.
  • The initial guidance for the first quarter was higher, estimated between $1.96 and $2.00 per share.
  • Analysts’ opinions on WEC Energy’s stock are mixed with 6 buy recommendations, 8 hold recommendations, and 3 sell recommendations.

A look at Wec Energy Group Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

WEC Energy Group, Inc. is a company that provides utilities services to customers in several states, including Wisconsin, Illinois, Michigan, and Minnesota. According to the Smartkarma Smart Scores, the company has received a score of 3 out of 5 for value, indicating a moderate outlook for the company’s stock. This means that the company’s stock may not be significantly undervalued or overvalued, making it a stable investment option for potential investors.

The company has also received a score of 4 out of 5 for dividend, indicating a positive outlook for dividend payments to shareholders. This means that the company may have a strong track record of paying dividends to shareholders, making it an attractive option for investors seeking regular income from their investments. However, it is important to note that these scores are based on factors such as the company’s financial performance and may not guarantee future performance.

Additionally, WEC Energy Group has received a score of 3 out of 5 for growth, indicating a moderate outlook for the company’s future growth potential. This means that the company may have a stable and steady growth trajectory, but may not be a high-growth company. However, the company has received a lower score of 2 out of 5 for resilience, indicating a slightly weaker outlook for the company’s ability to withstand market fluctuations.

Overall, based on the Smartkarma Smart Scores, WEC Energy Group has a mixed outlook for its long-term performance. While the company may offer stable value and dividend options for investors, its growth potential and resilience may be slightly weaker. It is important for investors to conduct their own research and consider various factors before making any investment decisions.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars