WEC Energy Group (WEC) Q2 2026 Earnings
How Did WEC Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: +5.47%.
Did WEC Beat Earnings? Q2 2026 Results
Yes. WEC Energy Group reported Q2 2026 earnings of $0.91 a share on Jul 29, 2026, beating the $0.81 consensus estimate by 12.3%. Revenue was $2.1B against a $2.0B estimate.
WEC Energy Group delivered a convincing second-quarter beat in 2026, posting diluted earnings per share of $0.91 against the Wall Street consensus of $0.81, a 12.32% positive surprise that marked the company's fifth consecutive quarter of beating analyst EPS estimates. Revenue of $2.06 billion edged past expectations by 1.15% and grew 2.6% from the prior-year period, while net income climbed to $299.20 million from $245.40 million a year ago, a 19.7% jump in earnings per share that reflected both operational discipline and meaningful tailwinds from non-operating sources. Notably, other income more than doubled to $61.50 million from $26.50 million, providing a significant lift alongside a decline in cost of sales to $555.60 million, even as depreciation and maintenance costs edged higher. Equity in earnings from transmission affiliates also rose to $62.60 million, adding further support. With accelerating capital investment and a constructive regulatory framework in Wisconsin underpinning its long-term growth thesis, management reaffirmed full-year 2026 guidance of $5.51 to $5.61 per share, assuming normal weather conditions through year-end.
- Customer service focus and financial discipline
- Operating efficiency improvements
- Continued execution on capital plan
- Growth in equity in earnings of transmission affiliates
- Increase in other income, net
- Weather-normalized retail electricity deliveries up 1.2%
- Large commercial and industrial electricity use up 0.9% excluding iron ore mine and VLCs
“Our focus on customer service, financial discipline and operating efficiency — while continuing to execute on our capital plan — helped deliver a strong quarter.”
WEC Energy Group CEO, on the earnings call
What Is WEC Energy Group's Outlook?
WEC Energy Group reaffirmed its 2026 full-year earnings guidance of $5.51 to $5.61 per share, assuming normal weather for the remainder of the year.
WEC YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $2.1B | $2.0B | +2.6% |
| Operating Income | $432.8M | $404.9M | +6.9% |
| Net Income | $299.2M | $245.7M | +21.8% |
When Does WEC Energy Group Report Next?
Figures from SEC filings and company reports. Not investment advice.