WEC Energy Group Inc
WEC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$75.00 | Kqzvj | Nklhzxlrq |
WEC Energy Group Earnings: WEC Manages Warm Winter, Remains Utilities Top Pick
We are reaffirming our $96 per share fair value estimate for WEC Energy after the company reported first-quarter earnings of $1.97 per share, up from the $1.61 per share in the same year-ago period. Management reaffirmed 2024 earnings guidance of $4.80-$4.90 per share, in line with our expectations. Our narrow moat rating remains unchanged.