WEC Energy Affirms FY24 GAAP EPS Guidance Of $4.80-$4.90 vs $4.88 Estimate
Portfolio Pulse from Benzinga Newsdesk
WEC Energy has affirmed its FY24 GAAP EPS guidance of $4.80-$4.90, which is in line with the $4.88 estimate.
July 31, 2024 | 11:10 am
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NEUTRAL IMPACT
WEC Energy has reaffirmed its FY24 GAAP EPS guidance of $4.80-$4.90, which aligns with the market estimate of $4.88. This indicates stability in the company's financial outlook.
The reaffirmation of the EPS guidance within the expected range suggests that WEC Energy's financial performance is stable and predictable. This is likely to maintain investor confidence but may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100