WEC Energy (WEC) Tops Q2 EPS by 8c

WEC Energy (NYSE: WEC) reported Q2 EPS of $0.76, $0.08 better than the analyst estimate of $0.68. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.56 billion.

"We delivered solid results despite the significant challenges presented by the COVID-19 pandemic," said Gale Klappa, executive chairman. "Our focus on operating efficiency and warmer-than-normal weather that drove residential energy use higher were major factors in our second-quarter performance," he added. "Our management team is experienced, resilient and focused on executing the fundamentals of our business. I'm confident we will continue to shine through the challenges ahead."

For earnings history and earnings-related data on WEC Energy (WEC) click here.

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