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Dec 31, 2022
WEC Energy Q4 2022 Earnings Report
WEC Energy Group's net income attributed to common shareholders was $252.7 million, or 80 cents per share, for the fourth quarter of 2022.
Key Takeaways
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.
Net income for Q4 2022 was $252.7 million, or 80 cents per share, compared to $224.2 million, or 71 cents per share, for Q4 2021.
Full year 2022 net income was $1.4 billion, or $4.45 per share, compared to $1.3 billion, or $4.11 per share, for 2021.
Consolidated revenues for 2022 totaled $9.6 billion, up $1.3 billion compared to 2021 revenues.
The company reaffirmed its 2023 earnings guidance, expecting earnings to be in a range of $4.58 to $4.62 per share.
Forward Guidance
The company expects earnings to be in a range of $4.58 to $4.62 per share in 2023.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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