Q1 25 EPS
$2.27
BEAT +4.32%
Est. $2.18
Q1 25 Revenue
$3.15B
BEAT +12.12%
Est. $2.81B
vs S&P Since Q1 25
-22.4%
TRAILING MARKET
WEC +8.8% vs S&P +31.2%
Market Reaction
Did WEC Beat Earnings? Q1 2025 Results
WEC Energy Group kicked off 2025 with a standout first quarter, posting earnings of $2.27 per diluted share against a consensus estimate of $2.18, a 4.32% beat, while revenue surged 17.5% year over year to $3.15 billion, clearing Wall Street's $2.81 … Read more WEC Energy Group kicked off 2025 with a standout first quarter, posting earnings of $2.27 per diluted share against a consensus estimate of $2.18, a 4.32% beat, while revenue surged 17.5% year over year to $3.15 billion, clearing Wall Street's $2.81 billion forecast by 12.12%. The primary engine behind the outperformance was a combination of colder-than-normal weather and continued economic expansion across WEC's service territories, which drove natural gas deliveries in Wisconsin up 15.5% from a year ago and pushed residential electricity consumption 5.5% higher. Net income climbed to $724.20 million from $622.30 million in Q1 2024, reflecting the broad demand uplift as well as contributions from the company's growing renewable portfolio, including a $406.10 million acquisition of the Hardin Solar III Energy Center during the quarter. Operating cash flow rose sharply to $1.16 billion from $863.60 million. Management reaffirmed full-year 2025 guidance of $5.17 to $5.27 per share, assuming normal weather conditions hold, underscoring confidence in the company's longer-term capital execution strategy, a theme familiar across large utilities navigating the clean energy transition.
Key Takeaways
- • Continued economic growth in the company's service region
- • Strong focus on operating excellence
- • Natural gas deliveries in Wisconsin rose 15.5% year over year
- • Retail electricity deliveries (excluding iron ore mine) up 2.9% year over year
- • Residential electricity use rose 5.5%
- • Small commercial and industrial electricity consumption up 2.1%
- • Large commercial and industrial electricity use (excluding iron ore mine) increased 1.1%
- • Favorable weather conditions driving higher demand
WEC YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
“Our positive first-quarter results were driven by continued economic growth in our region and a strong focus on operating excellence.”
— Scott Lauber, Q1 2025 Earnings Press Release
WEC Earnings Trends
WEC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
WEC EPS Trend
Earnings per share: estimate vs actual
WEC Revenue Trend
Quarterly revenue: estimate vs actual
WEC Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $2.33 | $2.45 | +5.33% | $3.43B | +0.49% |
| Q4 25 BEAT FY | $1.38 | $1.42 | +2.56% | $2.54B | +16.03% |
| FY Full Year | $5.24 | $5.27 | +0.49% | $9.80B | +5.26% |
| Q3 25 BEAT | $0.81 | $0.83 | +2.22% | $2.10B | +10.85% |
| Q2 25 BEAT | $0.71 | $0.76 | +7.60% | $2.01B | +14.58% |
| Q1 25 BEAT | $2.18 | $2.27 | +4.32% | $3.15B | +12.12% |