WEC Energy Group Inc. (WEC)
WEC Energy Group, Inc. (WEC) Q3 2024 Earnings Call Transcript
WEC Energy Group, Inc. (NYSE:WEC ) Q3 2024 Earnings Conference Call October 31, 2024 2:00 PM ET Company Participants Scott Lauber - President & Chief Executive Officer Xia Liu - Chief Financial Officer Beth Straka - Senior Vice President of Corporate Communications & Investor Relations Conference Call Participants Shar Pourreza - Guggenheim Partners Julien Dumoulin-Smith - Jefferies Michael Sullivan - Wolfe Research Neil Kalton - Wells Fargo Securities Andrew Weisel - Scotiabank Sophie Karp - KeyBanc Capital Markets Durgesh Chopra - Evercore ISI Jeremy Tonet - JPMorgan Nicholas Campanella - Barclays Paul Patterson - Glenrock Associates Operator Good afternoon and welcome to the WEC Energy Group's Conference Call for Third Quarter 2024 Results. This call is being recorded for rebroadcast and all participants are in a listen-only mode at this time.
WEC Energy Q3 Earnings Beat Estimates, Revenues Miss
WEC's third-quarter 2024 earnings and revenues decrease year over year. Total operating expenses decline during the same period.
WEC Energy Group (WEC) Q3 Earnings Surpass Estimates
WEC Energy Group (WEC) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $1 per share a year ago.
WEC Energy: 3 Reasons Why The Stock Isn't A Sell Going Into Q3 Earnings
WEC Energy Group will report its third quarter 2024 results on Thursday, October 31, before the market opens. Analysts currently expect WEC's adjusted EPS to decline 30% year-over-year - but is it a smart move to sell WEC shares in light of this negative expectation? In this update, I share the three main reasons why I am not selling my WEC shares, despite the negative EPS revisions and higher yielding utilities in the peer group.
Gear Up for WEC Energy (WEC) Q3 Earnings: Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for WEC Energy (WEC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
ETR vs. WEC: Which Stock Is the Better Value Option?
Investors looking for stocks in the Utility - Electric Power sector might want to consider either Entergy (ETR) or WEC Energy Group (WEC). But which of these two stocks offers value investors a better bang for their buck right now?
WEC or EVRG: Which Is a Better Utility Electric Power Stock?
Both WEC and EVRG work efficiently and continue to provide reliable services to their customers.
This Overlooked Utility Outshines NextEra. Is It Time to Buy?
NextEra Energy is one of the largest utilities in the United States and has a high dividend growth rate. NextEra Energy's dividend yield is well below average for a utility.
WEC Energy Stock Rides on Investments & Focus on Clean Energy
WEC benefits from its strategic investment plans to further upgrade its infrastructure. Its focus on clean energy and customer growth should also drive performance.
WEC Energy (WEC) Up 4.6% Since Last Earnings Report: Can It Continue?
WEC Energy (WEC) reported earnings 30 days ago. What's next for the stock?
DTE vs. WEC: Which Stock Should Value Investors Buy Now?
Investors with an interest in Utility - Electric Power stocks have likely encountered both DTE Energy (DTE) and WEC Energy Group (WEC). But which of these two companies is the best option for those looking for undervalued stocks?
Here's Why I Just Bought This High-Yield Dividend Stock
Utilities have been out of favor thanks to rising interest rates. WEC Energy has been a notable laggard of late because of an adverse regulatory ruling.
