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WEC Energy Group Inc is a key player in the energy sector, headquartered in Milwaukee, Wisconsin. Founded in 1896, it has grown to provide a mix of regulated natural gas and electricity, alongside renewable energy services across the United States. The company prides itself on a diverse energy portfolio that includes coal, natural gas, nuclear, and a variety of renewable sources such as wind, solar, and biomass. With extensive infrastructure, WEC Energy Group ensures reliable energy distribution and transmission, catering to a broad customer base with its commitment to sustainability and innovation.
WEC Energy Group crushed its fifth straight earnings beat with $0.91 in diluted EPS, blowing past the $0.81 consensus, as transmission affiliate earnings and a surge in other income lifted net profits 21.8% year-over-year. Management reaffirmed full-year guidance of $5.51 to $5.61 per share, backed by disciplined execution on a growing capital plan across its multi-state renewable and transmission portfolio.
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