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Dec 31, 2019
WEC Energy Q4 2019 Earnings Report
WEC Energy Group reported strong results for Q4 2019.
Key Takeaways
WEC Energy Group reported a net income of $243.9 million, or $0.77 per share, for the fourth quarter of 2019, compared to a net income of $205.0 million, or $0.65 per share, for the fourth quarter of 2018.
WEC Energy Group reported net income of $243.9 million, or $0.77 per share, for Q4 2019.
This compares to earnings of $205.0 million, or $0.65 per share, for the fourth quarter of 2018.
We Energies and Wisconsin Public Service were honored for superior reliability of their electric delivery networks during the fourth quarter of 2019.
The company reaffirmed its 2020 earnings guidance, expecting earnings to be in a range of $3.71 to $3.75 per share.
Forward Guidance
The company expects earnings to be in a range of $3.71 to $3.75 per share - in line with our long-term objective of growing earnings at a rate of 5 to 7 percent annually.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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