secwatch.observer — SEC 8-K summary
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Issuer:     WEC ENERGY GROUP, INC. (WEC)
CIK:        0000783325
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0000107815-23-000221
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEC Energy Group Q3 net income rises to $1.00/share; reaffirms FY 2023 guidance
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- Q3 2023 net income $316M ($1.00 EPS) vs $302M ($0.96 EPS) a year ago.
- Nine-month net income $1.11B ($3.52 EPS) down from $1.16B ($3.65 EPS).
- Consolidated revenues $6.7B for 9 months, down $363.5M from prior year.
- Reaffirms 2023 EPS guidance $4.58-$4.62, expects upper half; normal weather assumed.
- Retail electricity deliveries (ex-iron ore mine) fell 1.3% vs Q3 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/783325/000010781523000221/0000107815-23-000221-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/783325/000010781523000221/wec-20231031.htm
  HTML page:      https://secwatch.observer/filing/0000107815-23-000221

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