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WEC Energy Group Inc (WEC)
NYSE:WEC
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.71Last Year’s EPS
0.67Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: -2.00%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong start to the fiscal year with robust financial performance, significant economic development in Wisconsin, and a large capital investment plan. However, challenges such as tariff impacts and uncertainties in the Illinois pipeline program pose potential risks.Company Guidance
During WEC Energy Group's first quarter 2025 results conference call, the company reaffirmed its 2025 earnings guidance of $5.17 to $5.27 per share, assuming normal weather conditions for the remainder of the year. The company expects a long-term compound annual growth rate of 5% to 7%, supported by a $28 billion capital plan dedicated to economic growth and reliability. WEC Energy Group highlighted significant projects, including the Darien solar project, which adds 225 megawatts of renewable generation, and two other solar projects expected to come online next year. The company is also seeking to mitigate tariff impacts on its supply chain, estimating a 2% to 3% exposure within its capital plan. Additionally, the proposed very large customer (VLC) tariff in Wisconsin aims to meet the needs of large load customers with a fixed return on equity of 10.48% and an equity ratio of 57%. Earnings for the first quarter of 2025 were reported at $2.27 per share, reflecting a $0.30 increase from the first quarter of 2024.Strong Earnings Performance
The company reported first quarter 2025 earnings of $2.27 per share, reflecting a $0.30 increase compared to the first quarter of 2024.
Robust Economic Development in Wisconsin
Significant economic development is occurring along the I-94 corridor between Milwaukee and Chicago, including Microsoft's data center complex and Eli Lilly's $3 billion manufacturing facility.
Largest Investment Plan in History
The company is executing its largest five-year investment plan, totaling $28 billion dedicated to economic growth and reliability.
Solar and Renewable Projects Progress
The Darien solar project added 225 megawatts of renewable generation, and two more solar projects are under construction expected to be completed next year.
Dividend Increase
The Board increased the dividend by 6.9%, marking the 22nd consecutive year of dividend increases for shareholders.
WEC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WEC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $107.76 | $108.81 | +0.97% |
Feb 04, 2025 | $98.73 | $97.52 | -1.23% |
Oct 31, 2024 | $93.58 | $93.09 | -0.52% |
Jul 31, 2024 | $82.63 | $83.08 | +0.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does WEC Energy Group Inc (WEC) report earnings?
WEC Energy Group Inc (WEC) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is WEC Energy Group Inc (WEC) earnings time?
WEC Energy Group Inc (WEC) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WEC EPS forecast?
WEC EPS forecast for the fiscal quarter 2025 (Q2) is 0.71.