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WEC Energy (WEC) Tops Q3 EPS by 8c

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WEC Energy Group posts third-quarter results

October 26, 2016 7:00 AM EDT

MILWAUKEE, Oct. 26, 2016 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) recorded net income based on generally accepted accounting principles (GAAP) of $217.0 million, or 68 cents per share, for the third quarter of 2016 compared with $182.5 million, or 58 cents per share, for the third quarter of 2015. WEC Energy Group was formed on June 29, 2015, when Wisconsin Energy completed the acquisition of Integrys.

WEC Energy Group's adjusted earnings per share for the third quarter, which exclude acquisition costs of one cent per share, increased 11 cents per share, from 58 cents in the third quarter of... More