WEC Energy (WEC) Tops Q4 EPS by 1c, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Below Consensus
WEC Energy (NYSE: WEC) reported Q4 EPS of $0.65, $0.01 better than the analyst estimate of $0.64. Revenue for the quarter came in at $2.08 billion versus the consensus estimate of $1.97 billion.
"On virtually every meaningful measure, 2018 was an exceptional year for WEC Energy Group," said Gale Klappa, executive chairman. "We delivered solid earnings and dividend growth and reached milestones in network reliability, customer satisfaction and community support," he added. "The company continues to perform at a high level."
GUIDANCE:
WEC Energy sees FY2019 EPS of $3.48-$3.52, versus the consensus of $3.51.
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