secwatch.observer — SEC 8-K summary
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Issuer:     WEC ENERGY GROUP, INC. (WEC)
CIK:        0000783325
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0000107815-24-000085
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEC Energy Group 2023 adj EPS $4.63 (+4% YoY); Q4 adj EPS $1.10; dividend up 7%
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- Full-year 2023 GAAP EPS $4.22 vs $4.45 in 2022; revenue $8.9B, down $704M.
- Adjusted EPS $4.63 excludes $0.41/share non-cash ICC disallowance charge.
- Q4 2023 GAAP net income $218.5M ($0.69/share); adjusted Q4 EPS $1.10.
- Board declared quarterly dividend $0.835/share (+7%), 21st consecutive annual increase.
- Retail electricity deliveries down 2.6%; natural gas deliveries down 9.1% in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/783325/000010781524000085/0000107815-24-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/783325/000010781524000085/wec-20240201.htm
  HTML page:      https://secwatch.observer/filing/0000107815-24-000085

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