WEC Energy Group reported first quarter 2026 revenue of $3.43 billion and EPS of $2.45, beating consensus estimates of $3.21 billion and $2.31, respectively. These results represent year-over-year growth from revenue of $3.15 billion and EPS of $2.27.
Key Highlights
- The company reaffirmed its full-year 2026 earnings guidance in a range of $5.51 to $5.61 per share.
- Electricity use by large commercial and industrial customers increased 2.7 percent year-over-year, pointing to solid underlying demand.
- On a weather-normal basis, retail electricity deliveries increased 1.3 percent, though natural gas deliveries declined 2.1 percent.