WEC · News · 20260805N

Revenue Performance and Mix

WEC ENERGY GROUP, INC. · 2026-08-05 · Importance 46 · Surprise 22

WEC Energy Group reported second-quarter 2026 revenue of approximately $2.06 billion and net income of $301 million. Diluted EPS was $0.91, exceeding expectations by 12% and increasing 20% year over year. Results were attributed to utility margin improvements and non-utility gains despite climate-driven demand reductions. The company reaffirmed 2026 EPS guidance of $5.51-$5.61.

Key facts

• The Globe and Mail reported WEC Energy Group serves 4.8 million customers in the Midwest. source
• Goldman Sachs adjusted its price target for WEC Energy to $110 from $108. source