Wisconsin Energy (WEC): Q1 EPS of $0.74 in-line. Revenue of $1.19B (-10.3% Y/Y) misses by $90M. (PR)

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johnfreiburger Comments (161)
 
Temperatures over the winter averaged almost 7 degrees F above average and natural gas sales suffered at most WI utilities. The drop in gas prices helped maintain margins but gross had to fall.
We shall see how the summer shapes up. Hot = more electricity volume.
1 May 2012, 09:10 AM Reply Like