Loading...
•
Dec 31, 2021
WEC Energy Q4 2021 Earnings Report
WEC Energy Group's net income decreased compared to Q4 2020.
Key Takeaways
WEC Energy Group reported a net income of $224.2 million, or 71 cents per share, for the fourth quarter of 2021, compared to earnings of $239.0 million, or 76 cents per share, for the fourth quarter of 2020.
Net income for Q4 2021 was $224.2 million, or 71 cents per share.
Net income for 2021 was $1.3 billion, or $4.11 per share.
The company expects to be immaterial in the use of coal for power generation by the end of 2030, with a complete exit from coal by 2035.
WEC Energy Group reaffirmed its earnings guidance for 2022, expecting earnings to be in a range of $4.29 to $4.33 per share.
Forward Guidance
The company reaffirmed its earnings guidance for 2022. Calendar year 2022 earnings are expected to be in a range of $4.29 to $4.33 per share.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...