Q3 25 EPS
$0.83
BEAT +2.22%
Est. $0.81
Q3 25 Revenue
$2.10B
BEAT +10.85%
Est. $1.90B
vs S&P Since Q3 25
-4.5%
TRAILING MARKET
WEC +3.4% vs S&P +7.9%
Market Reaction
Did WEC Beat Earnings? Q3 2025 Results
WEC Energy Group delivered a clean beat to open its fiscal third quarter, posting earnings of $0.83 per diluted share against a Wall Street consensus of $0.81, a 2.22% positive surprise, while revenue climbed to $2.10 billion, running 10.85% ahead of… Read more WEC Energy Group delivered a clean beat to open its fiscal third quarter, posting earnings of $0.83 per diluted share against a Wall Street consensus of $0.81, a 2.22% positive surprise, while revenue climbed to $2.10 billion, running 10.85% ahead of the $1.90 billion estimate and up 12.9% from the year-ago period. The standout driver was a meaningful acceleration in operating income, which rose to $449.60 million from $383.70 million, as higher electricity deliveries across residential, commercial, and industrial customer classes more than offset rising depreciation, O&M costs, and a $223.60 million interest expense bill reflecting the company's aggressive capital build-out, including $3.10 billion in nine-month capex and a $406.10 million solar acquisition. Weather-normalized retail electricity deliveries grew 1.8% year-over-year, signaling genuine underlying demand. With regulated utility peers also posting gains, WEC reaffirmed its full-year 2025 EPS guidance of $5.17 to $5.27, assuming normal weather through year-end, underscoring management's confidence in the trajectory of its infrastructure-led growth strategy.
Key Takeaways
- • Retail electricity deliveries (ex-iron ore mine) increased 1.9% YoY; weather-normalized deliveries up 1.8%
- • Residential electricity use rose 2.1%
- • Large commercial and industrial electricity use (ex-iron ore mine) increased 2.5%
- • Small commercial and industrial electricity consumption up 1.1%
- • Higher operating revenues driven by increased electricity deliveries
WEC YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
“We delivered another solid quarter, and we remain on track for a strong 2025.”
— Scott Lauber, Q3 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% |