Companies /Utilities

WEC Energy Group Inc

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

Q3 2025 Earnings

Reported Oct 30, 2025, 7:26am ET · SEC source
$0.83
Beat +2.22%
EPS · est. $0.81
$2.1B
Beat +10.85%
Revenue · est. $1.9B
−4.3%
Trailing market
WEC vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−4%−2%0Oct 29Nov 6report 7:26am ETearnings−2.1%−3.3%
−4%−2%0Oct 29Nov 6earnings−2.1%−3.3%
WEC −3.3%S&P 500 −2.1%
−4%−2%0Oct 29Nov 6report 7:26am ETearnings−3.4%−3.3%
−4%−2%0Oct 29Nov 6earnings−3.4%−3.3%
WEC −3.3%NASDAQ −3.4%
−1.73%
Day of report
−0.77%
Next session
−1.62%
One week
−4.01%
30 days

S&P 500 over the same 30 days: +0.25%.

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 $0.812 — 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 <a href="https://247wallst.com/investing/2025/10/28/takeaways-from-nextera-energy-nee-q3-earnings-beat/">regulated utility peers also posting gains</a>, 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

“We delivered another solid quarter, and we remain on track for a strong 2025.”

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. The company emphasized ongoing focus on reliability, financial discipline, customer satisfaction, and infrastructure investment to support significant economic growth in its service region.

WEC YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$600.0M$1.2B$1.8B$1.9B$2.1BRevenue$383.7M$449.6MOperating Income$240.4M$271.3MNet Income
$0$600.0M$1.2B$1.8BRevenueOperating IncomeNet Income

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