WEC Energy Group reported third‑quarter 2025 earnings, posting net income of $271.3 million, or $0.83 per share, compared with $240.1 million, or $0.76 per share, in the same quarter last year. Revenue for the nine‑month period ended September 30 rose to $7.3 billion, a $947.3 million increase year‑over‑year, and Q3 revenue reached $2.1 billion, exceeding analyst estimates of about $1.9 billion.
The company reaffirmed its 2025 earnings guidance of $5.17 to $5.27 per share. Revenue beat consensus estimates, and net income surpassed the consensus range of $0.79 to $0.8152 per share. Management highlighted disciplined capital planning, robust demand in its service territory, and growth in retail electricity deliveries—electricity consumption up 1.9% overall and residential usage up 2.1%—as key drivers of the results.
CEO Scott Lauber emphasized reliability, financial discipline, and infrastructure investment to support the Midwest’s economic expansion. He noted that the company’s disciplined capital plan and strong demand position WEC to capitalize on continued growth in the region.
The year‑over‑year comparison excludes a 6‑cent per share charge that impacted Q3 2024 earnings, providing a clearer view of operational performance. The company also acknowledged potential regulatory pressures and inflationary costs but remains confident in its guidance.
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