WEC Energy Group reports Q1 2026 results
Net income rises to $804.4 million or $2.45 per share from $724.2 million last year. Revenues reach $3.4 billion. Reaffirms 2026 EPS guidance of $5.51-$5.61.
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Midwestern regulated energy holding company
wecenergygroup.comLast updated
In short: WEC Energy Group surpassed Q1 2026 earnings estimates, reported a rise in power demand, and expanded its five-year capital spending plan to $36.5 billion.
Net income rises to $804.4 million or $2.45 per share from $724.2 million last year. Revenues reach $3.4 billion. Reaffirms 2026 EPS guidance of $5.51-$5.61.
Reports GAAP net income of $1.6B ($4.81/share), adjusted $5.27/share (up 8%). Reaffirms 2026 guidance $5.51-$5.61/share. Increases dividend 6.7%.
The board declares 95.25 cents per share, payable March 1, 2026, marking the 334th consecutive quarter of dividends.
Gale Klappa retires from board in May, named Chairman Emeritus. Scott Lauber to become Chairman.
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