---
schema_version: "secwatch.filing_event.v1"
accession: "0000107815-22-000302"
form_type: "8-K"
ticker: "WEC"
cik: "0000783325"
company_name: "WEC ENERGY GROUP, INC."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T20:05:04.164352+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Q3 net income $302.0M ($0.96 EPS) vs $290.0M ($0.92 EPS) in Q3 2021, up 4.3%.
- Nine-month 2022 net income $1.16B ($3.65 EPS) vs $1.08B ($3.40 EPS) prior year.
- Nine-month revenues $7.0B, up $924.9M from same period 2021.
- Retail electricity deliveries down 1.5% (excl iron ore mine); residential -4.4%, large C&I +1.6%.
- 2022 EPS guidance narrowed to $4.38-$4.40 (prior $4.36-$4.40); expects top end.

## SEC filing metadata
- accession: 0000107815-22-000302
- form_type: 8-K
- ticker: WEC
- cik: 0000783325
- company_name: WEC ENERGY GROUP, INC.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/783325/000010781522000302/0000107815-22-000302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/783325/000010781522000302/wec-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107815-22-000302
- JSON: https://secwatch.observer/filing/0000107815-22-000302.json
- Plain text: https://secwatch.observer/filing/0000107815-22-000302.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/783325/000010781522000302/0000107815-22-000302-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/783325/000010781522000302/0000107815-22-000302-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/783325/000010781522000302/0000107815-22-000302-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.