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.
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 $2.43, which is better than the estimate ninety days ago.
Here’s how Wisconsin Energy has been performing on an annual basis:
|Revenue ($) 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|
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)