WEC Energy Group, Inc. (WEC), headquartered in Milwaukee, Wisconsin, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services. Valued at $33.3 billion by market cap, the company’s infrastructure spans 35,500 miles of overhead and 36,500 miles of underground distribution lines, with extensive gas mains, transmission lines, and storage capacity. The leading energy company is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Wednesday, Jul. 30.
Ahead of the event, analysts expect WEC to report a profit of $0.70 per share on a diluted basis, up 4.5% from $0.67 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
For the full year, analysts expect WEC to report EPS of $5.24, up 7.4% from $4.88 in fiscal 2024. Its EPS is expected to rise 6.7% year over year to $5.59 in fiscal 2026.
WEC stock has outperformed the S&P 500 Index’s ($SPX) 11.5% gains over the past 52 weeks, with shares up 35.2% during this period. Similarly, it outperformed the Utilities Select Sector SPDR Fund’s (XLU)18.9% gains over the same time frame.
WEC is outperforming by investing in infrastructure to meet increasing customer demand and focusing on clean energy. The company is seeing growth in demand from commercial and residential customers, with over 60% of electricity sold to commercial and industrial customers. WEC is expanding its renewable portfolio, recently acquiring a majority stake in the 250-MW Hardin Solar III project, and planning to invest $28 billion through 2029 for future growth and reliability.
On May 6, WEC shares closed up by 1% after reporting its Q1 results. Its EPS of $2.27 surpassed Wall Street expectations of $2.19. The company’s revenue stood at $3.1 billion, up 17.5% year over year. WEC expects full-year EPS to be $5.17 to $5.27.
Analysts’ consensus opinion on WEC stock is cautious, with a “Hold” rating overall. Out of 16 analysts covering the stock, four advise a “Strong Buy” rating, 11 give a “Hold,” and one recommends a “Strong Sell.” WEC’s average analyst price target is $109.82, indicating a potential upside of 3.9% from the current levels.
