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Strategies & Market Trends : Dividend investing for retirement

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Kip S
To: E_K_S who wrote (32798)6/9/2020 8:51:57 AM
From: E_K_S1 Recommendation   of 34328
 
WEC Energy raises Q2 EPS guidance
Jun. 9, 2020 8:29 AM ET|About: WEC Energy Group, Inc. (WEC)|By: Carl Surran, SA News Editor

WEC Energy (NYSE: WEC) raises Q2 earnings guidance after April and May sales volumes came in ahead of expectations.

According to presentation slides, WEC now expects Q2 EPS of $0.67-$0.69 vs. prior guidance of $0.58-$0.62 and $0.67 analyst consensus estimate.

For FY 2020, WEC reaffirms EPS guidance of $3.71-$3.75, in line with $3.73 consensus.

The company says it had $2.2B of liquidity as of May 31.

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Been adding this utility to my dividend payers. Now trading at it's higher range so only adding shares at/below $85/share

EKS
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