It has been about a month since the last earnings report for WEC Energy Group (WEC). Shares have lost about 3.6% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is WEC Energy due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, fresh estimates have trended downward during the past month.
The consensus estimate has shifted -7.11% due to these changes.
VGM Scores
At this time, WEC Energy has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, WEC Energy has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
WEC Energy is part of the Zacks Utility - Electric Power industry. Over the past month, Eversource Energy (ES), a stock from the same industry, has gained 3.9%. The company reported its results for the quarter ended March 2025 more than a month ago.
Eversource reported revenues of $4.12 billion in the last reported quarter, representing a year-over-year change of +23.6%. EPS of $1.50 for the same period compares with $1.49 a year ago.
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Eversource is expected to post earnings of $0.99 per share for the current quarter, representing a year-over-year change of +4.2%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.3%.
Eversource has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.
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WEC Energy Group, Inc. (WEC) : Free Stock Analysis Report
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This article originally published on Zacks Investment Research (zacks.com).
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