Wisconsin Energy Earnings Preview: Can This Streak Continue?

Wisconsin Energy (NYSE:WEC) will report earnings before markets open on Tuesday, April 30th. Wisconsin Energy Corporation is a diversified energy holding company. The Company, through its subsidiaries, provides utility services such as distributing electric, gas, steam, and water.

Here is your Cheat Sheet to Wisconsin Energy Earnings:

Earnings Expectations: Analysts expect earnings of $0.71 per share on revenues of $1.26 billion. Currently, the company’s P/E ratio stands at 18.63.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.47 to a profit $0.5. For the current year, the average estimate is a profit of $2.43, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Wisconsin Energy has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 4,428 4,101 0.00 4,486 4,246
Diluted EPS ($) 1.52 1.62 2.24 2.35

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,113 1,191 944.70 1,039 1,071
Diluted EPS ($) 0.4966 0.74 0.51 0.67 0.4260

Past Performance:
Wisconsin Energy has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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