secwatch.observer — SEC 8-K summary
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Issuer:     WEC ENERGY GROUP, INC. (WEC)
CIK:        0000783325
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0000107815-25-000095
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEC Energy Group posts 2024 adjusted EPS $4.88, up 5.4% YoY; raises dividend 6.9%
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- Full-year 2024 adjusted EPS $4.88 vs $4.63 in 2023; GAAP EPS $4.83.
- Q4 2024 GAAP EPS $1.43 vs $0.69 in Q4 2023 (adjusted Q4 2023 $1.10).
- Revenues $8.6B, down $293M; earnings growth driven by lower ICC disallowance charge (6¢ vs 41¢).
- Reaffirmed 2025 EPS guidance $5.17-$5.27, midpoint $5.22 (7.6% growth from 2024 adjusted midpoint).
- Quarterly dividend increased 6.9% to $0.8925 per share, marking 22nd consecutive annual increase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/783325/000010781525000095/0000107815-25-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/783325/000010781525000095/wec-20250204.htm
  HTML page:      https://secwatch.observer/filing/0000107815-25-000095

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