WEC Energy Group reports third-quarter results
PR Newswire•29/10/2026•07:00 ET
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Key Highlights
- ➤Q3 net income $389.3 million, or $1.18 per share, versus $271.3 million
- ➤Nine-month revenue $7.8 billion, up $523.9 million year over year
- ➤2026 earnings guidance raised and narrowed to $5.60-$5.64 per share
- ➤Q3 retail electricity deliveries increased 3.3% year over year
- ➤Capital expenditures reached $3.32 billion through nine months, versus $3.12 billion
Expert Statements
Scott Lauber, Chairman, president and CEO of WEC Energy Group
“Our strong results were driven by warmer-than-normal weather, execution of our capital plan and operating efficiency.”
Scott Lauber, Chairman, president and CEO of WEC Energy Group
“Our continued focus on the fundamentals of our business is creating value for our customers and stockholders. We remain on track to deliver solid financial and operational performance in 2026.”
MILWAUKEE, Oct. 29, 2026 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $389.3 million, or $1.18 per share, for the third quarter of 2026 — up from $271.3 million, or 83 cents per share, in last year's third quarter.
For the nine months ended Sept. 30, 2026, the company recorded net income of $1.49 billion, or $4.54 per share — up from $1.24 billion, or $3.85 per share, in the corresponding period a year ago.
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