secwatch / observer
8-K filed November 1, 2022, 7:59 PM ET ticker WEC CIK 0000783325
earnings confidence high sentiment positive materiality 0.65

WEC Energy Q3 net income $302M ($0.96 EPS); narrows FY guidance to $4.38-$4.40

WEC ENERGY GROUP, INC.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WEC ENERGY GROUP, INC. reported the third quarter of 2022 results: net income $302.0 million, EPS 96 cents per share.

Period
the third quarter of 2022
Net income
$302.0 million
EPS
96 cents per share
Result
reported results
Exact text from the filing
WEC Energy Group (NYSE: WEC) today reported net income of $302.0 million, or 96 cents per share, for the third quarter of 2022 – up from $290.0 million, or 92 cents per share, in last year's third quarter.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WEC ENERGY GROUP, INC. reported 2022 results: EPS $4.38 to $4.40 per share. Guidance raised.

Period
2022
EPS
$4.38 to $4.40 per share
Guidance
raised
Result
guidance update
Exact text from the filing
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. This assumes normal weather for the remainder of the year. Previous guidance was $4.36 to $4.40 per share.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WEC ENERGY GROUP, INC. reported the first nine months of 2022 results: revenue $7.0 billion, net income $1.16 billion, EPS $3.65 per share.

Period
the first nine months of 2022
Revenue
$7.0 billion
Net income
$1.16 billion
EPS
$3.65 per share
Result
reported results
Exact text from the filing
For the first nine months of 2022, the company recorded net income of $1.16 billion, or $3.65 per share – up from $1.08 billion, or $3.40 per share, in the corresponding period a year ago. Consolidated revenues totaled $7.0 billion for the first nine months of 2022, up $924.9 million over revenues for the first nine months of 2021.
View on SEC.gov

39 earnings releases filed in the last 30 days. Browse all earnings releases →

WEC ENERGY GROUP, INC. filing history →

Source: SEC EDGAR
accession 0000107815-22-000302
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.