Integrys Energy Group Earnings: Here’s Why Investors are Not Excited Now

Integrys Energy Group, Inc. (NYSE:TEG) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.81%.

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Integrys Energy Group, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 13.55% to $1.76 in the quarter versus EPS of $1.55 in the year-earlier quarter.

Revenue: Rose 34.1% to $1.68 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Integrys Energy Group, Inc. reported adjusted EPS income of $1.76 per share. By that measure, the company beat the mean analyst estimate of $1.61. It beat the average revenue estimate of $1.35 billion.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

Revenue increased 40.2% from $1.2 billion in the previous quarter. EPS increased 97.75% from $0.89 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.36 and has not changed. For the current year, the average estimate has moved down from a profit of $3.47 to a profit of $3.34 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)