Q2 26 EPS
$0.91
BEAT +12.32%
Est. $0.81
Q2 26 Revenue
$2.06B
BEAT +1.15%
Est. $2.04B
vs S&P Since Q2 26
-11.5%
TRAILING MARKET
WEC -5.5% vs S&P +6.0%
Market Reaction
Did WEC Beat Earnings? Q2 2026 Results
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 ana… Read more 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.
Key Takeaways
- • 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
WEC Forward Guidance & 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
Q2 2026 vs Q2 2025, source: SEC Filings
“Our focus on customer service, financial discipline and operating efficiency — while continuing to execute on our capital plan — helped deliver a strong quarter.”
— Scott Lauber, Q2 2026 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
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $0.81 | $0.91 | +12.32% | $2.06B | +1.15% |
| 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% |