WEC Energy (WEC) Tops Q4 EPS by 3c, Beats on Revenues; Offers FY18 EPS Mid-Point Below Consensus
WEC Energy (NYSE: WEC) reported Q4 EPS of $0.71, $0.03 better than the analyst estimate of $0.68. Revenue for the quarter came in at $2.06 billion versus the consensus estimate of $1.94 billion.
"The company is introducing 2018 earnings guidance in the range of $3.26 to $3.30 per share – in line with our long-term goal of growing earnings at a rate of 5 to 7 percent per year," Klappa said.
GUIDANCE:
WEC Energy sees FY2018 EPS of $3.26-$3.30, versus the consensus of $3.29.
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