earnings
confidence high
sentiment positive
materiality 0.70
WEC Energy Group Q1 EPS $2.27 beats prior-year $1.97; revenue $3.1B up 18%
WEC ENERGY GROUP, INC.
- EPS $2.27 (fully diluted) vs $1.97 in Q1 2024; net income $724.2M vs $622.3M.
- Revenue $3.1B, up $469.3M (approx 18%) from prior-year quarter.
- FY2025 EPS guidance reaffirmed at $5.17-$5.27, assuming normal weather.
- Natural gas deliveries in WI up 15.5% YoY; retail electricity deliveries up 2.9%.
- CEO Scott Lauber cited continued regional economic growth and operating excellence.