---
schema_version: "secwatch.filing_event.v1"
accession: "0000107815-24-000150"
form_type: "8-K"
ticker: "WEC"
cik: "0000783325"
company_name: "WEC ENERGY GROUP, INC."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:32:37.615350+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WEC Energy Group Q1 net income $622.3M ($1.97/shr), up 22.6% YoY; reaffirms 2024 guidance

## Summary
- Net income $622.3M ($1.97 diluted EPS) vs $507.5M ($1.61) in Q1 2023, up 22.6%.
- Consolidated revenue $2.7B, down $207.9M YoY; natural gas deliveries fell 5.8% in Wisconsin.
- Reaffirmed 2024 EPS guidance of $4.80-$4.90 assuming normal weather; conference call at 1pm CT.
- Electricity retail deliveries down 0.3% (excl. iron ore mine); small commercial/industrial +0.7%.

## SEC filing metadata
- accession: 0000107815-24-000150
- form_type: 8-K
- ticker: WEC
- cik: 0000783325
- company_name: WEC ENERGY GROUP, INC.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/783325/000010781524000150/0000107815-24-000150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/783325/000010781524000150/wec-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107815-24-000150
- JSON: https://secwatch.observer/filing/0000107815-24-000150.json
- Plain text: https://secwatch.observer/filing/0000107815-24-000150.txt

## Key facts
- Earnings Releases
  WEC ENERGY GROUP, INC. reported first quarter of 2024 results: revenue $2.7 billion, net income $622.3 million, EPS $1.97 per share. Guidance reaffirmed.
  - Period: first quarter of 2024
  - Revenue: $2.7 billion
  - Net income: $622.3 million
  - EPS: $1.97 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: WEC Energy Group reports first-quarter results MILWAUKEE – WEC Energy Group (NYSE: WEC) today reported net income of $622.3 million, or $1.97 per share, for the first quarter of 2024 – up from $507.5 million, or $1.61 per share, in last year's first quarter. Consolidated revenues totaled $2.7 billion, down $207.9 million from the first quarter a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/783325/000010781524000150/0000107815-24-000150-index.htm

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