Report
Andrew Bischof, CFA, CPA
EUR 101.80 For Business Accounts Only

WEC's growth opportunities support attractive earnings and dividend growth.

We are reaffirming our $60 fair value estimate and narrow economic moat rating after WEC Energy Group reported full-year operating earnings per share of $3.14 compared with $2.97 per share in the year-ago period. Colder-than-normal temperatures added $0.02 per share, pushing earnings above management's full-year guidance. Near-term fluctuations in weather-related demand have no impact on our fair value estimate.
Management initiated a 2018 earnings guidance range of $3.26-$3.30 per share, which ...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Bischof, CFA, CPA

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