Companies /Utilities

WEC Energy Group Inc

NYSE: WEC Utilities - Regulated Electric
$106.28
▼ $1.24 (−1.15%) today
Markets closed · 9:12pm ET

Q2 2025 Earnings

Reported Jul 30, 2025, 7:25am ET · SEC source
$0.76
Beat +7.60%
EPS · est. $0.71
$2.0B
Beat +14.58%
Revenue · est. $1.8B
−3.4%
Trailing market
WEC vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−2%0+2%Jul 29Aug 6report 7:25am ETearnings−0.4%+1.0%
−2%0+2%Jul 29Aug 6earnings−0.4%+1.0%
WEC +1.0%S&P 500 −0.4%
−2%0+2%Jul 29Aug 6report 7:25am ETearnings−0.0%+1.0%
−2%0+2%Jul 29Aug 6earnings−0.0%+1.0%
WEC +1.0%NASDAQ −0.0%
−0.25%
Day of report
+0.66%
Next session
+1.26%
One week
−1.71%
30 days

S&P 500 over the same 30 days: +1.67%.

Did WEC Beat Earnings? Q2 2025 Results

WEC Energy Group delivered a standout second quarter, with earnings per share of $0.76 beating the $0.71 consensus estimate by 7.60% and revenue of $2.01 billion clearing Wall Street's $1.75 billion forecast by 14.58% — a 13.4% jump from the $1.77 billion reported in Q2 2024. Net income climbed to $245.40 million from $211.30 million a year earlier, with warm weather conditions and steady execution of the company's capital plan serving as the primary engines behind the outperformance. Operating income rose to $404.90 million from $364.80 million, as higher utility demand across customer segments more than offset a meaningful increase in cost of sales. Retail electricity deliveries ticked up 1.0% year-over-year, with residential use leading at 1.6% growth. The results come as <a href="https://247wallst.com/investing/2025/10/28/takeaways-from-nextera-energy-nee-q3-earnings-beat/">regulated utility peers</a> continue navigating rising capital costs and infrastructure investment cycles. Management reaffirmed its full-year 2025 EPS guidance of $5.17 to $5.27, assuming normal weather through year-end.

Key Takeaways
  • Warm start to the summer driving higher electricity demand
  • Steady execution of capital plan
  • Continued focus on operating efficiency
  • Retail electricity deliveries up 1.0% YoY (ex-iron ore mine)
  • Residential electricity use rose 1.6%
  • Small commercial and industrial electricity consumption up 0.6%
  • Large commercial and industrial electricity use up 0.8% (ex-iron ore mine)
  • Weather-normalized retail deliveries increased 1.1%

“A warm start to the summer, steady execution of our capital plan and a continued focus on operating efficiency were major factors that shaped a strong quarter.”

WEC Energy Group CEO, on the earnings call

Forward Guidance & Outlook

WEC Energy Group reaffirmed its 2025 full-year earnings guidance of $5.17 to $5.27 per share, assuming normal weather for the remainder of the year.

WEC YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$600.0M$1.2B$1.8B$1.8B$2.0BRevenue$364.8M$404.9MOperating Income$211.6M$245.4MNet Income
$0$600.0M$1.2B$1.8BRevenueOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.