secwatch.observer — SEC 8-K summary
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Issuer:     WEC ENERGY GROUP, INC. (WEC)
CIK:        0000783325
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000107815-24-000150
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/783325/000010781524000150/0000107815-24-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/783325/000010781524000150/wec-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000107815-24-000150

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