secwatch.observer — SEC 8-K summary
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Issuer:     WEC ENERGY GROUP, INC. (WEC)
CIK:        0000783325
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0000107815-22-000302
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/783325/000010781522000302/0000107815-22-000302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/783325/000010781522000302/wec-20221101.htm
  HTML page:      https://secwatch.observer/filing/0000107815-22-000302

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer