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WEC Energy Q3 Earnings, Revenue Fall; 2024 Earnings Outlook Reaffirmed
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WEC Energy Q3 Earnings, Revenue Fall; 2024 Earnings Outlook Reaffirmed
Nov 3, 2024 3:36 PM

08:29 AM EDT, 10/31/2024 (MT Newswires) -- WEC Energy Group ( WEC ) reported Q3 earnings Thursday of $0.76 per diluted share, down from $1 a year earlier. Adjusted EPS for the quarter was $0.82.

Analysts polled by Capital IQ expected GAAP and adjusted earnings of $0.70.

Operating revenue for the quarter ended Sept. 30 was $1.86 billion, down from $1.96 billion a year earlier.

Analysts polled by Capital IQ expected $1.92 billion.

The company reaffirmed its 2024 adjusted earnings forecast of $4.80 to $4.90 per share. Analysts surveyed by Capital IQ expect $4.87.

Price: 95.99, Change: -0.04, Percent Change: -0.04

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