WEC Energy Group Inc

WEC: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$94.00	Tjljfl	Mssgtfdpw

WEC Energy Group Reports Strong Full-Year 2022 Earnings

Andrew Bischof

Feb 2, 2023

We are maintaining our $96 per share WEC Energy Group fair value estimate after the company reported full-year 2022 earnings of $4.45 per share, up from $4.11 in 2021. This was above management's previously increased guidance range of $4.38 to $4.40. Our narrow moat and stable moat trend remain unchanged.

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