earnings
confidence high
sentiment positive
materiality 0.60
WEC Energy Group Q3 net income $271.3M ($0.83 EPS), up from $240.1M; reaffirms FY2025 guidance
WEC ENERGY GROUP, INC.
- GAAP EPS $0.83 vs $0.76 Q3 2024; adjusted EPS $0.83 vs $0.82 adjusted YoY.
- Nine-month net income $1.24B ($3.85 EPS) vs $1.07B ($3.40 EPS) YoY.
- Consolidated revenues $7.3B for nine months, up $947M YoY.
- Retail electricity deliveries up 1.9% (excl. iron ore mine); weather-normal up 1.8%.
- Reaffirms 2025 EPS guidance $5.17-$5.27, assuming normal weather.