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WEC Energy Group Q4 adjusted earnings Beat Estimates

(RTTNews) - WEC Energy Group (WEC) announced earnings for fourth quarter that fell from last year.

The company's earnings came in at $205.0 million, or $0.65 per share. This compares with $432.6 million, or $1.36 per share, in last year's fourth quarter.

Excluding items, WEC Energy Group reported adjusted earnings of $205.0 million or $0.65 per share for the period.

Analysts had expected the company to earn $0.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.0% to $2.08 billion from $2.06 billion last year.

WEC Energy Group earnings at a glance:

-Earnings (Q4): $205.0 Mln. vs. $225.9 Mln. last year.
-EPS (Q4): $0.65 vs. $0.71 last year.
-Analysts Estimate: $0.64
-Revenue (Q4): $2.08 Bln vs. $2.06 Bln last year.
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