WEC Energy Reaffirms FY23 Earnings Outlook - Update

RTTNews | 1235 days ago
WEC Energy Reaffirms FY23 Earnings Outlook - Update

(RTTNews) - While reporting financial results for the first quarter on Monday, energy company WEC Energy Group (WEC) reaffirmed its earnings guidance for the full-year 2023 in the range of $4.58 to $4.62 per share, assuming normal weather for the remainder of the year.

On average, 13 analysts polled by Thomson Reuters expected the company to report earnings of $4.61 per share for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Gold Climbs Amid Sliding Dollar, Yields

Gold Climbs Amid Sliding Dollar, Yields

Gold prices rose sharply on Thursday as oil prices retreated and a global bond selloff paused following Wednesday's hawkish Fed hike.
RTTNews | 44 minutes ago
Asian Shares Mixed After Fed Rate Hike

Asian Shares Mixed After Fed Rate Hike

Asian stocks ended mixed on Thursday, with Chinese and Hong Kong markets falling ahead of high-level U.S.-China talks scheduled for this weekend. U.S. Treasury Secretary said the United States is open to discussing shared risks with China in upcoming AI talks.
RTTNews | 1h 52min ago
U.S. Dollar Rises After Fed Rate Hike

U.S. Dollar Rises After Fed Rate Hike

The U.S. dollar strengthened against other major currencies in the Asian session on Thursday, after the U.S. Federal Reserve delivered its first interest-rate hike since July 2023, and suggested rates may need to go still higher to get inflation under control.
RTTNews | 2h 15min ago