---
schema_version: "secwatch.filing_event.v1"
accession: "0000107815-23-000191"
form_type: "8-K"
ticker: "WEC"
cik: "0000783325"
company_name: "WEC ENERGY GROUP, INC."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:46:05.623879+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WEC Energy Q2 EPS $0.92, up $0.01 YoY; reaffirms FY23 guidance $4.58-4.62

## Summary
- Net income Q2 $289.7M, EPS $0.92 vs $0.91 last year; 1H net income $797.2M ($2.52) down from $853.4M ($2.70).
- Consolidated revenues 1H $4.7B, down $317.9M from prior year.
- Retail electricity deliveries (ex-mine) down 3.0% in Q2; weather-normalized down 0.6%.
- Reaffirmed FY2023 EPS guidance $4.58-$4.62, assuming normal weather rest of year.
- Executive Chairman Gale Klappa cites solid Q2 after warm winter Q1.

## SEC filing metadata
- accession: 0000107815-23-000191
- form_type: 8-K
- ticker: WEC
- cik: 0000783325
- company_name: WEC ENERGY GROUP, INC.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/783325/000010781523000191/0000107815-23-000191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/783325/000010781523000191/wec-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107815-23-000191
- JSON: https://secwatch.observer/filing/0000107815-23-000191.json
- Plain text: https://secwatch.observer/filing/0000107815-23-000191.txt

## Key facts
- Earnings Releases
  WEC ENERGY GROUP, INC. reported the six months ended June 30, 2023 results: revenue $4.7 billion, net income $797.2 million, or $2.52 per share, EPS $2.52 per share. Guidance reaffirmed.
  - Period: the six months ended June 30, 2023
  - Revenue: $4.7 billion
  - Net income: $797.2 million, or $2.52 per share
  - EPS: $2.52 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: For the first six months of 2023, the company recorded net income of $797.2 million, or $2.52 per share – down from $853.4 million, or $2.70 per share, in the corresponding period a year ago. Consolidated revenues totaled $4.7 billion for the first six months of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/783325/000010781523000191/0000107815-23-000191-index.htm
- Earnings Releases
  WEC ENERGY GROUP, INC. reported the quarter ended June 30, 2023 results: net income $289.7 million, or 92 cents per share, EPS 92 cents per share. Guidance reaffirmed.
  - Period: the quarter ended June 30, 2023
  - Net income: $289.7 million, or 92 cents per share
  - EPS: 92 cents per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: WEC Energy Group reports second-quarter results MILWAUKEE – WEC Energy Group (NYSE: WEC) today reported net income of $289.7 million, or 92 cents per share, for the second quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/783325/000010781523000191/0000107815-23-000191-index.htm

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