secwatch.observer — SEC 8-K summary
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Issuer:     WEC ENERGY GROUP, INC. (WEC)
CIK:        0000783325
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0000107815-23-000191
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/783325/000010781523000191/0000107815-23-000191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/783325/000010781523000191/wec-20230801.htm
  HTML page:      https://secwatch.observer/filing/0000107815-23-000191

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