{"schema_version":"secwatch.filing_event.v1","accession":"0000107815-23-000142","form_type":"8-K","ticker":"WEC","cik":"0000783325","company_name":"WEC ENERGY GROUP, INC.","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.219618+00:00","generated_at":"2026-06-16T05:40:44.130609+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"WEC Energy Group Q1 net income $507.5M ($1.61/sh) vs $565.9M ($1.79/sh) YoY; reaffirms FY guidance","bullets":["Net income $507.5M ($1.61 diluted EPS), down from $565.9M ($1.79) in Q1 2022.","Consolidated revenues $2.9B, down $20M YoY due to mild winter.","Natural gas deliveries in WI fell 10.5% (weather-normal -1.0%); retail electricity down 4.4% (weather-normal -1.9%).","Company reaffirms 2023 annual EPS guidance of $4.58-$4.62, assuming normal weather.","CEO Gale Klappa cites mildest winters in history as primary headwind."],"urls":{"canonical":"https://secwatch.observer/filing/0000107815-23-000142","json":"https://secwatch.observer/filing/0000107815-23-000142.json","markdown":"https://secwatch.observer/filing/0000107815-23-000142.md","text":"https://secwatch.observer/filing/0000107815-23-000142.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/783325/000010781523000142/0000107815-23-000142-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/783325/000010781523000142/wec-20230501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T05:40:44.130609+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7e2ef7b5f450eebd8ea074ef1de2d0f16562449b","claim":"WEC ENERGY GROUP, INC. reported quarter ended March 31, 2023 results: revenue $2.9 billion, net income $507.5 million, or $1.61 per share, EPS $1.61 per share. Guidance reaffirmed.","evidence_excerpt":"WEC Energy Group (NYSE: WEC) today reported net income of $507.5 million, or $1.61 per share, for the first quarter of 2023 – down from $565.9 million, or $1.79 per share, in last year's first quarter. Consolidated revenues totaled $2.9 billion, down $20.0 million from the first quarter a year ago.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/783325/000010781523000142/0000107815-23-000142-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2023"},{"label":"Revenue","value":"$2.9 billion"},{"label":"Net income","value":"$507.5 million, or $1.61 per share"},{"label":"EPS","value":"$1.61 per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}