WEC Energy Earnings Reports

WEC Energy Group reported a net income of $453.5 million, or $1.43 per share, for the fourth quarter of 2024, compared to $218.5 million, or $0.69 per share, for the same period in 2023. The company reaffirmed its earnings guidance for 2025, expecting earnings in the range of $5.17 to $5.27 per share.

WEC Energy Group reported a solid third quarter with net income of $240.1 million, or 76 cents per share. Adjusted earnings were 82 cents per share, excluding a charge related to certain capital expenditures. The company is affirming its 2024 earnings guidance range of $4.74 to $4.84 per share on a GAAP basis, and $4.80 to $4.90 per share on an adjusted basis.

WEC Energy Group reported a decrease in net income for the second quarter of 2024, with earnings per share also declining. Consolidated revenues also decreased compared to the first half of 2023. However, the company reaffirmed its 2024 earnings guidance.

WEC Energy Group reported a rise in net income for Q1 2024, reaching $622.3 million or $1.97 per share, compared to $507.5 million or $1.61 per share in Q1 2023. However, consolidated revenues decreased to $2.7 billion from $2.8881 billion in the same quarter last year.

WEC Energy Group reported Q4 2023 net income of $218.5 million, or 69 cents per share, compared to $252.7 million, or 80 cents per share, for Q4 2022. Adjusted earnings for the fourth quarter of 2023 totaled $1.10 per share. The full year 2023 earnings include a non-cash charge of 41 cents per share related to previous capital investments that were disallowed by the Illinois Commerce Commission.

WEC Energy Group reported net income of $316.0 million, or $1.00 per share, for the third quarter of 2023, up from $302.0 million, or 96 cents per share, in the third quarter of the previous year. The company reaffirms its 2023 annual earnings guidance of $4.58 to $4.62 per share and expects to complete the year in the upper half of the range.

WEC Energy Group reported a slight increase in net income for the second quarter of 2023, rising to $289.7 million, or 92 cents per share, compared to $287.5 million, or 91 cents per share, in the same quarter of the previous year. The company reaffirms its 2023 annual earnings guidance of $4.58 to $4.62 per share.

WEC Energy Group reported a decrease in net income and earnings per share for the first quarter of 2023, with net income at $507.5 million and EPS at $1.61, compared to $565.9 million and $1.79 respectively in the first quarter of 2022. Consolidated revenues also saw a slight decrease, totaling $2.9 billion. The company reaffirms its 2023 annual earnings guidance of $4.58 to $4.62 per share.

WEC Energy Group reported a strong Q4 2022, with net income attributed to common shareholders reaching $252.7 million, or 80 cents per share, compared to $224.2 million, or 71 cents per share, for the fourth quarter of 2021.

WEC Energy Group reported a strong third quarter with increased net income and earnings per share compared to the previous year. The company is narrowing its 2022 earnings guidance to $4.38 to $4.40 per share, with an expectation of reaching the top end of the range.

WEC Energy Group reported a strong second quarter with increased net income and earnings per share compared to the previous year. The company raised its earnings guidance for 2022 due to its strong performance.

WEC Energy Group reported a strong first quarter in 2022, with net income reaching $565.9 million, or $1.79 per share, compared to $510.1 million, or $1.61 per share, in the same quarter last year. Consolidated revenues also increased to $2.9 billion. The company is raising its earnings guidance for 2022 to $4.34 to $4.38 per share.

WEC Energy Group reported a net income of $224.2 million, or 71 cents per share, for the fourth quarter of 2021, compared to earnings of $239.0 million, or 76 cents per share, for the fourth quarter of 2020.

WEC Energy Group reported a positive third quarter, driven by warmer weather, economic recovery, and efficiency gains. Net income increased to $290.0 million, or 92 cents per share, up from $266.8 million, or 84 cents per share, in the third quarter of the prior year. The company raised its earnings guidance for 2021 to $4.05 to $4.07 per share.

WEC Energy Group reported a strong second quarter with increased net income driven by a recovering economy, gains in operating efficiency, and warmer temperatures. The company is raising its earnings guidance for the year.

WEC Energy Group reported a strong first quarter with increased net income and consolidated revenues. The company's performance was driven by colder weather, economic recovery, and a focus on operational excellence.

WEC Energy Group reported a net income of $239.0 million, or 76 cents per share, for the fourth quarter of 2020, compared to $243.9 million, or 77 cents per share, for the fourth quarter of 2019.

WEC Energy Group reported a net income of $266.8 million, or 84 cents per share, for the third quarter of 2020, up from $234.3 million, or 74 cents per share, for the same quarter last year. Consolidated revenues totaled $1.7 billion for the third quarter of 2020, up $43.0 million compared to the same quarter in 2019.

WEC Energy Group reported net income of $241.6 million, or 76 cents per share, for the second quarter of 2020, up from $235.7 million, or 74 cents per share, for the second quarter last year.

WEC Energy Group reported a rise in first-quarter earnings per share, despite a decrease in consolidated revenues, as mild winter temperatures and the economic downturn impacted results.

WEC Energy Group reported a net income of $243.9 million, or $0.77 per share, for the fourth quarter of 2019, compared to a net income of $205.0 million, or $0.65 per share, for the fourth quarter of 2018.