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WEC

Wec Energy Group, Inc.

$78.86

Earnings Summary

Revenue
$2217.5Mn
Net Profits
$218.5Mn
Net Profit Margins
9.85%
PE Ratio
18.81

Highlights

Revenue:

Wec Energy Group, Inc.’s revenue fell -13.32% since last year same period to $2217.5Mn in the Q4 2023. On a quarterly growth basis, Wec Energy Group, Inc. has generated 13.29% jump in its revenue since last 3-months.

Net Profits:

Wec Energy Group, Inc.’s net profit fell -13.64% since last year same period to $218.5Mn in the Q4 2023. On a quarterly growth basis, Wec Energy Group, Inc. has generated -30.85% fall in its net profits since last 3-months.

Net Profit Margins:

Wec Energy Group, Inc.’s net profit margin fell -0.36% since last year same period to 9.85% in the Q4 2023. On a quarterly growth basis, Wec Energy Group, Inc. has generated -38.96% fall in its net profit margins since last 3-months.

PE Ratio:

Wec Energy Group, Inc.’s price-to-earnings ratio after this Q4 2023 earnings stands at 18.81.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Wec Energy Group, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1.73
EPS Estimate Current Year
1.73

Highlights

EPS Estimate Current Quarter:

Wec Energy Group, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.73 - a 60.19% jump from last quarter’s estimates.

EPS Estimate Current Year:

Wec Energy Group, Inc.’s earning per share (EPS) estimates for the current year stand at 1.73.

Key Ratios

Key ratios of the Wec Energy Group, Inc. post its Q4 2023 earnings

Earning Per Share (EPS)
1.1
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.11
Dividend Per Share (DPS)
0.78

Highlights

Earning Per Share (EPS):

Wec Energy Group, Inc.’s earning per share (EPS) jumped 37.5% since last year same period to 1.1 in the Q4 2023. This indicates that the Wec Energy Group, Inc. has generated 37.5% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Wec Energy Group, Inc.’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Wec Energy Group, Inc.’s return on equity (ROE) stands at 0.11.

Dividend Per Share (DPS):

Wec Energy Group, Inc. declared 0.78 dividend per share during the earnings announcement for Q4 2023.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-11-02
0.91
1
9.89%
2023-08-03
0.85
0.92
8.24%
2024-02-01
1.08
1.1
1.85%
2023-05-04
1.59
1.61
1.26%