WEC
WEC Energy GroupDDocument history
Earnings documents stored for WEC.
Investor releaseQuarter not tagged2026-07-16Wisconsin Electric declares quarterly dividends
PR Newswire
Wisconsin Electric declares quarterly dividends
MILWAUKEE, July 16, 2026 /PRNewswire/ -- The Wisconsin Electric board of directors today declared a quarterly cash dividend of 90 cents per share on the company's Preferred Stock, 3.60% Series, payable Sept. 1, 2026, to stockholders of record on Aug. 14, 2026. The board also declared a quarterly cash dividend of $1.50 per share on the company's Six Per Cent Preferred Stock, payable Oct. 31, 2026, to stockholders of record on Oct. 14, 2026. Wisconsin Electric Power Co., doing business as We Energies, is a subsidiary of WEC Energy Group (NYSE: WEC). The company serves more than 1.1 million electric customers and more than 490,000 natural gas customers in Wisconsin. Go to the We Energies website at we-energies.com. View original content:https://www.prnewswire.com/news-releases/wisconsin-electric-declares-quarterly-dividends-302827906.html
Investor releaseQuarter not tagged2026-07-16WEC Energy Group declares quarterly dividend
PR Newswire
WEC Energy Group declares quarterly dividend
MILWAUKEE, July 16, 2026 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 95.25 cents per share on the company's common stock. The dividend is payable Sept. 1, 2026, to stockholders of record on Aug. 14, 2026. This marks the 336th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders. WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.8 million customers in Wisconsin, Illinois, Michigan and Minnesota. The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. Another major subsidiary, We Power, designs, builds and owns electric generating plants. In addition, WEC Infrastructure LLC owns a fleet of renewable generation facilities in states ranging from South Dakota to Texas. WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has approximately 31,000 stockholders of record, 7,000 employees and more than $52 billion of assets. View original content:https://www.prnewswire.com/news-releases/wec-energy-group-declares-quarterly-dividend-302827905.html
Investor releaseQuarter not tagged2026-07-14What You Need To Know Ahead of WEC Energy Group’s Earnings Release
Barchart
What You Need To Know Ahead of WEC Energy Group’s Earnings Release
WEC Energy Group, Inc. (WEC) is one of the largest regulated electric and natural gas utilities in the United States, serving customers across Wisconsin, Illinois, Michigan, and Minnesota through a portfolio of electric and natural gas utilities. The company generates stable earnings from its regulated operations while investing in grid modernization, renewable energy, and infrastructure projects. Headquartered in Milwaukee, Wisconsin, WEC Energy Group has a market cap of around $37.4 billion. WEC Energy has scheduled its Q2 2026 earnings release for Wednesday, July 29, before the market opens. Ahead of this event, analysts anticipate WEC Energy to generate earnings of $0.82 per share, up 7.9% from $0.76 per share reported in the same quarter last year. The company has surpassed the Street’s bottom-line estimates in each of the past four quarters. Dear Google Stock Fans, Mark Your Calendars for July 13 Netflix Stock is at New Lows, But Its FCF Is Strong - Is NFLX Too Cheap? Upcoming Q2 Earnings for GOOG Stock: Here’s Why Bulls Are Optimistic Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For the current year, analysts forecast the company to report an EPS of $5.59, indicating a 6.1% increase from $5.27 reported in fiscal 2025. Also, its EPS is expected to grow 7.5% year-over-year (YOY) to $6.01 in fiscal 2027. Shares of the company have surged 9.8% over the past 52 weeks, underperforming both the S&P 500 Index’s ($SPX) 20.1% rise and the State Street Utilities Select Sector SPDR ETF’s (XLU) 10.9% return during the same time frame. WEC Energy Group reported first-quarter 2026 results on May 5, posting revenue of $3.4 billion, up 9% YOY from $3.2 billion, while EPS increased to $2.45 from $2.27 in the prior-year quarter, reflecting a 7.9% YOY increase. Despite the earnings beat, WEC shares fell 1.1% on the day of the release as well as on May 6. Analysts’ consensus view on WEC is moderately bullish, with a “Moderate Buy” rating overall. Among 20 analysts covering the stock, eight suggest a “Strong Buy,” 11 give a “Hold,” and the remaining one analyst gives a “Strong Sell.” Its mean price target of $124.55 represents a 7.5% potential upside to current price levels. On the date of publication, Subhasree Kar did not have (either directly or indirectly) positions in any of the securities mentioned in this...
Investor releaseQuarter not tagged2026-06-04WEC Energy (WEC) Down 3.4% Since Last Earnings Report: Can It Rebound?
Zacks
WEC Energy (WEC) Down 3.4% Since Last Earnings Report: Can It Rebound?
A month has gone by since the last earnings report for WEC Energy Group (WEC). Shares have lost about 3.4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is WEC Energy due for a breakout? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent catalysts for WEC Energy Group, Inc. before we dive into how investors and analysts have reacted as of late. WEC Energy Q1 Earnings Surpass Estimates, Revenues Increase Y/YWEC Energy Group reported first-quarter 2026 earnings of $2.45 per share, which surpassed the Zacks Consensus Estimate of $2.33 by 5.15%. The bottom line also increased 7.93% from the year-ago quarter’s $2.27. Operating revenues of $3.43 billion surpassed the Zacks Consensus Estimate of $3.21 billion by around 6.98%. The top line also increased 9.02% from $3.15 billion recorded in the year-ago quarter. In the first quarter of 2026, electricity consumption increased 0.7% for small commercial and industrial customers, 2.7% for large commercial and industrial customers, excluding the iron-ore mine, and 0.2% for residential customers.On a weather-normal basis, retail deliveries of electricity, excluding the iron-ore mine, increased 1.3%. Total operating expenses were $2.45 billion, up 10.95% from the year-ago level of $2.21 billion, primarily due to higher cost of sales.Operating income totaled $980 million, up 4.53% from $937.5 million recorded in the year-ago quarter.The company incurred an interest expense of $228.5 million, up 2.47% from the prior-year level of $223 million. As of March 31, 2026, WEC had cash and cash equivalents of $45.6 million compared with $27.6 million as of Dec. 31, 2025.As of March 31, 2026, the company had a long-term debt of $19.38 billion compared with $18.50 billion as of Dec. 31, 2025.Net cash provided by operating activities during the first three months of 2026 was $1.22 billion compared with $1.16 billion in the year-ago period. WEC reaffirmed its 2026 earnings outlook of $5.51-$5.61 per share. The Zacks Consensus Estimate is pegged at $5.60, which lies at the higher end of the company’s projected range.The company plans to invest a total of $7.4 billion in modern, efficient natural gas generation and LNG storage, and $12.6 billion to add 6,535 megawatts in renewable energy over...
Investor releaseQuarter not tagged2026-05-12Consolidated Water Q1 Earnings Miss Estimates, Revenues Decrease Y/Y
Zacks
Consolidated Water Q1 Earnings Miss Estimates, Revenues Decrease Y/Y
Consolidated Water Co. Ltd. CWCO delivered first-quarter 2026 earnings per share of 24 cents, which missed the Zacks Consensus Estimate of 27 cents by 11.11%. The bottom line also declined 22.58% from the year-ago period’s earnings of 31 cents. CWCO’s total revenues for first-quarter 2026 were $30 million, missing the Zacks Consensus Estimate of $33.4 million by 10.18%. The top line also decreased 11.1% from the year-ago figure of $33.7 million. Consolidated Water Co. Ltd. price-consensus-eps-surprise-chart | Consolidated Water Co. Ltd. Quote Retail revenues for the quarter decreased 8.86% to $8.6 million. The decrease was primarily due to a 10.2% decline in water sales volume because of significantly higher rainfall in Grand Cayman during the quarter compared with 2025. Bulk revenues increased 3.96% to $8.7 million. The slight growth was driven by new revenue contributions from the recently commissioned seawater desalination facility in Cat Island, the Bahamas. Manufacturing revenues decreased 76% to $1.4 million. The decline was mainly due to the lower total value of new purchase orders and, to a lesser extent, delays in the receipt and commencement of work related to these orders. Services revenues increased 11.64% to $11.3 million. The increase was mainly attributed to revenues generated under O&M contracts, which amounted to $8.9 million for the first quarter of 2026, up 15% from the prior-year quarter. The company’s first-quarter 2026 revenues decreased due to lower contributions from its manufacturing and retail segments. These declines were partly offset by growth in the bulk water and services segment revenues. Gross profit for the first quarter of 2026 was $10.91 million, down 11.30% from $12.31 million in the first quarter of 2025. Total general and administrative expenses increased nearly 3.95% to $7.42 million. Cash and cash equivalents totaled $126.3 million as of March 31, 2026, compared with $123.8 million as of Dec. 31, 2025. Total long-term debt was $0.005 million as of March 31, 2026, down from $0.03 million at 2025-end. Cash flow from operating activities during first-quarter 2026 totaled $6.5 million compared with $11.8 million in the year-ago period. Consolidated Water currently has a Zacks Rank #5 (Strong Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Atmos Energy ATO posted second-quarter fisca...
Investor releaseQuarter not tagged2026-05-12Does Strong Q1 Results And Steady Guidance Change The Bull Case For WEC Energy Group (WEC)?
Simply Wall St.
Does Strong Q1 Results And Steady Guidance Change The Bull Case For WEC Energy Group (WEC)?
In early May 2026, WEC Energy Group reported past first-quarter 2026 results showing sales of US$3,434.2 million and net income of US$804.4 million, with basic earnings per share from continuing operations of US$2.47, and reaffirmed its full-year 2026 earnings guidance of US$5.51 to US$5.61 per share. An interesting takeaway is that WEC Energy Group paired rising revenue and earnings with steady guidance, signaling confidence in its existing outlook rather than revising expectations. We’ll now examine how WEC’s stronger-than-expected first-quarter earnings and unchanged full-year guidance may influence its broader investment narrative. We've uncovered the 12 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. To own WEC Energy Group, you need to be comfortable with a regulated utility pouring US$28 billion into infrastructure while relying on regulators to approve cost recovery and large customers to deliver on demand growth. The stronger first quarter and reaffirmed 2026 earnings guidance support the short term earnings catalyst but do not materially change the biggest current risk around financing that capex and potential equity issuance if funding conditions become less favorable. The most relevant announcement alongside the earnings release is WEC’s decision to reaffirm its 2026 earnings guidance at US$5.51 to US$5.61 per share. Holding that range steady after a solid quarter keeps attention on whether upcoming regulatory outcomes and data center related load materialize as expected, since those factors are central to supporting the company’s planned investment program and sustaining earnings growth targets. Yet investors also need to be aware that rising interest costs and planned equity issuance could still... Read the full narrative on WEC Energy Group (it's free!) WEC Energy Group's narrative projects $12.0 billion revenue and $2.3 billion earnings by 2029. This requires 5.9% yearly revenue growth and about a $0.7 billion earnings increase from $1.6 billion today. Uncover how WEC Energy Group's forecasts yield a $124.81 fair value, a 11% upside to its current price. Five members of the Simply Wall St Community currently see WEC’s fair value between US$94 and about US$124.81, showing a wide spread of expectations. When you set these views against WEC’s reaffirmed earnings guidance and large capex plan, it underl...
Investor releaseQuarter not tagged2026-05-10WEC Energy (WEC): The Best Utility Stock that Beat Earnings Estimates
Insider Monkey
WEC Energy (WEC): The Best Utility Stock that Beat Earnings Estimates
WEC Energy Group, Inc. (NYSE:WEC) is one of the 10 Best Utility Stocks that Beat Earnings Estimates. On May 6, 2026, Mizuho raised the firm’s price target on WEC Energy Group, Inc. (NYSE:WEC) to $124 from $121 while maintaining an Outperform rating on the shares. On May 5, 2026, WEC Energy Group, Inc. (NYSE:WEC) reported Q1 EPS of $2.45, ahead of the $2.30 consensus estimate, while revenue totaled $3.43B compared to expectations of $3.42B. President and CEO Scott Lauber said the company’s continued execution of its capital investment plan and focus on operating efficiencies contributed to solid first-quarter performance. He added that WEC Energy remains focused on delivering reliable and safe energy service while investing to support economic growth across its service territories. allstars/Shutterstock.com WEC Energy Group, Inc. (NYSE:WEC) maintained its FY26 EPS outlook of $5.51-$5.61, compared to consensus estimates of $5.60. Before the earnings release, Wells Fargo raised its price target on WEC Energy Group, Inc. (NYSE:WEC) to $127 from $117 while maintaining an Overweight rating. The firm said it revised its Q1 estimates following discussions with management teams across its regulated utility coverage universe. WEC Energy Group, Inc. (NYSE:WEC), through its subsidiaries, provides regulated natural gas and electricity services as well as renewable and nonregulated renewable energy solutions in the United States. While we acknowledge the potential of WEC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
Investor releaseQuarter not tagged2026-05-08WEC Energy Q1 Earnings Surpass Estimates, Revenues Increase Y/Y
Zacks
WEC Energy Q1 Earnings Surpass Estimates, Revenues Increase Y/Y
WEC Energy Group WEC reported first-quarter 2026 earnings of $2.45 per share, which surpassed the Zacks Consensus Estimate of $2.33 by 5.15%. The bottom line also increased 7.93% from the year-ago quarter’s $2.27. Operating revenues of $3.43 billion surpassed the Zacks Consensus Estimate of $3.21 billion by around 6.98%. The top line also increased 9.02% from $3.15 billion recorded in the year-ago quarter. WEC Energy Group, Inc. price-consensus-eps-surprise-chart | WEC Energy Group, Inc. Quote In the first quarter of 2026, electricity consumption increased 0.7% for small commercial and industrial customers, 2.7% for large commercial and industrial customers, excluding the iron-ore mine, and 0.2% for residential customers. On a weather-normal basis, retail deliveries of electricity, excluding the iron-ore mine, increased 1.3%. Total operating expenses were $2.45 billion, up 10.95% from the year-ago level of $2.21 billion, primarily due to higher cost of sales. Operating income totaled $980 million, up 4.53% from $937.5 million recorded in the year-ago quarter. The company incurred an interest expense of $228.5 million, up 2.47% from the prior-year level of $223 million. As of March 31, 2026, WEC had cash and cash equivalents of $45.6 million compared with $27.6 million as of Dec. 31, 2025. As of March 31, 2026, the company had a long-term debt of $19.38 billion compared with $18.50 billion as of Dec. 31, 2025. Net cash provided by operating activities during the first three months of 2026 was $1.22 billion compared with $1.16 billion in the year-ago period. WEC reaffirmed its 2026 earnings outlook of $5.51-$5.61 per share. The Zacks Consensus Estimate is pegged at $5.60, which lies at the higher end of the company’s projected range. The company plans to invest a total of $7.4 billion in modern, efficient natural gas generation and LNG storage, and $12.6 billion to add 6,535 megawatts in renewable energy over the 2026-2030 period. WEC Energy expects to invest $37.5 billion during the 2026-2030 period, which supports 7-8% long-term EPS growth. The company plans to invest $5.67 billion in 2026. The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Algonquin Power & Utilities Corp. AQN is scheduled to report first-quarter results on May 8. The Zacks Consensus Estimate for first-quart...
Investor releaseQuarter not tagged2026-05-06WEC (WEC) Q1 2026 Earnings Call Transcript
Motley Fool
WEC (WEC) Q1 2026 Earnings Call Transcript
Image source: The Motley Fool. Tuesday, May 5, 2026 at 2 p.m. ET President and Chief Executive Officer — Scott Lauber Executive Vice President and Chief Financial Officer — Liu Xia Scott Lauber: Vantage has stated that it is expected to invest $15 billion to complete this phase in 2028. Construction continues and the first facility could come online late in 2027. We currently have 1.3 gigawatts of demand for this Vantage site in our forecast over the next 5 years. Looking to the future, this site has the potential to reach 3.5 gigawatts of demand over time. And there's other notable growth in the state. As a recent example, Milwaukee Tool has announced plans to further expand its campus in our territory, including a new research and development facility. Waukesha Engine also announced plans to expand upon its local operation and employee base. In addition, we're starting to see good housing development. In fact, realtor.com recognized Racine County, Home of the Microsoft side as 1 of the nation's hottest housing markets. We're committed to meeting the growing demand across our service areas as we invest in our system for increased capacity and reliability. Our 5-year capital plan includes $37.5 billion of projected investments -- it's based on projects that are low risk and highly executable with a good portion dedicated to the very large customers. In total, by the end of 2030, we expect approximately 15% of our asset base to be attributable to these very large customers. As you recall, we project long-term earnings per share growth of 7% to 8% a year on a compound annual basis between 2026 and 2030. This is based on the midpoint of our 2025 adjusted guidance. We expect that growth rate to accelerate to the upper half of the range starting in 2028. Now let me give you an update on our capital projects. This March, we had a solar facility going to service with total capital of about $225 million. The Wisconsin Commission has approved the purchase of 3 additional solar projects and a battery storage project. In total, we plan to invest approximately $730 million in these newly approved projects. Construction continues on the new natural gas facilities in Paris and Old Creek, Wisconsin, -- we have our labor force and supply chain lined up to bring these projects online according to schedule. We expect the Paris Race units in the Yield Creek combustion turbines...
Investor releaseQuarter not tagged2026-05-06WEC Energy Group, Inc. Q1 2026 Earnings Call Summary
Moby
WEC Energy Group, Inc. Q1 2026 Earnings Call Summary
Management attributes long-term EPS growth projections of 7% to 8% to a robust $37.5 billion capital plan, with growth expected to accelerate to the upper half of that range starting in 2028. The 'Very Large Customer' (VLC) segment is a primary strategic pivot, expected to represent approximately 15% of the company's asset base by 2030, driven by massive data center developments. Operational performance in Q1 2026 was bolstered by rate-base growth and favorable O&M timing, which helped offset a $0.01 negative impact from weather relative to normal conditions. Strategic reliability decisions include extending the operating lives of Oak Creek units 7 and 8 through 2027 to ensure capacity during high-demand periods while new natural gas facilities are completed. The company is utilizing a balanced regulatory approach in Wisconsin, where the new VLC tariff protects residential customers from infrastructure costs while providing predictable pricing for hyperscalers. Management emphasizes that their capital projects are 'low risk and highly executable,' with supply chains and labor already secured for major natural gas and solar transitions. Guidance for 2026 is reaffirmed at $5.51 to $5.61 per share, assuming normal weather patterns for the remainder of the year. The company anticipates significant incremental load growth from the Vantage and Microsoft sites, which have the potential to reach a combined 3.5 to 5 gigawatts of demand over time. Future capital planning includes the replacement of the Point Beach PPA (expiring 2030-2033) with an estimated $2 billion to $2.5 billion investment in new gas or renewable generation. Equity needs for 2026 are approximately 50% fulfilled, with plans to issue up to $1.1 billion in common equity to maintain a strong balance sheet during this high-growth phase. Management expects to provide updates on additional hyperscaler announcements by the third quarter call, following the finalization of the VLC tariff order. A proposed settlement in Illinois aims to resolve 12 open proceedings related to uncollectible accounts and historical riders, signaling a stabilizing regulatory environment in that state. The Wisconsin Commission verbally approved a VLC tariff with a 10.48% to 10.98% ROE and a 57% equity ratio, providing the financial framework for large-scale industrial expansion. Management addressed a local referendum related to...
Investor releaseQuarter not tagged2026-05-05WEC Energy Group Q1 Earnings, Revenue Rise
MT Newswires
WEC Energy Group Q1 Earnings, Revenue Rise
WEC Energy Group (WEC) reported Q1 earnings Tuesday of $2.45 per diluted share, up from $2.27 a year
Investor releaseQuarter not tagged2026-05-05WEC Energy Group reports first-quarter results
PR Newswire
WEC Energy Group reports first-quarter results
MILWAUKEE, May 5, 2026 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $804.4 million, or $2.45 per share, for the first quarter of 2026 — up from $724.2 million, or $2.27 per share, for last year's first quarter. Consolidated revenues totaled $3.4 billion, up $284.7 million from the first quarter a year ago. "The continued execution of our capital plan and focus on operating efficiencies led to solid first-quarter results," said Scott Lauber, president and CEO. "As we build for a growing economy, we remain committed to delivering reliable, safe energy to the customers and communities we serve." Retail deliveries of electricity — excluding the iron ore mine in Michigan's Upper Peninsula — were up by 1.1 percent in the first quarter of 2026, compared to the first quarter last year. Electricity consumption by small commercial and industrial customers was 0.7 percent higher. Electricity use by large commercial and industrial customers — excluding the iron ore mine — increased by 2.7 percent. Residential electricity use rose by 0.2 percent. On a weather-normal basis, retail deliveries of electricity — excluding the iron ore mine — increased by 1.3 percent. For the quarter, natural gas deliveries in Wisconsin — excluding natural gas used for power generation — decreased by 3.5 percent compared to the first quarter of 2025. On a weather normal basis, these natural gas deliveries were 2.1 percent lower. The company is reaffirming its 2026 earnings guidance of $5.51 to $5.61 per share. This assumes normal weather for the remainder of the year. Earnings per share listed in this news release are on a fully diluted basis. Conference call A conference call is scheduled for 1 p.m. Central time, Tuesday, May 5. The call will review 2026 first-quarter earnings and the company's outlook for the future. All interested parties, including stockholders, news media and the general public, are invited to listen. Access the call at 888-330-2443 up to 15 minutes before it begins. The number for international callers is 240-789-2728. The conference ID is 3088105. Conference call access also is available at wecenergygroup.com. Under 'Webcasts,' select 'Q1 Earnings.' In conjunction with this earnings announcement, WEC Energy Group will post on its website a package of detailed financial information on its first-quarter performance. The materials will be avail...

