WEC Energy Group Inc
WEC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$71.00 | Dnjnj | Gpvkcfhkvw |
WEC Energy Increases Capital Investment Outlook and Earnings Guidance
We are maintaining our $95 per share WEC Energy Group fair value estimate after the company reported third-quarter earnings of $0.96 per share, up from $0.92 in the same year-ago period. Management narrowed its full-year operating earnings guidance to $4.38-$4.40, from the previous range of $4.36-$4.40, in line with our estimate. Our narrow moat and stable moat trend remain unchanged.