Wisconsin Energy (WEC) Tops Q1 EPS by 3c

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Go back to Wisconsin Energy (WEC) Tops Q1 EPS by 3c

Wisconsin Energy posts 2015 first quarter results

May 5, 2015 7:00 AM EDT

MILWAUKEE, May 5, 2015 /PRNewswire/ -- Wisconsin Energy (NYSE: WEC) today reported net income of $195.8 million or 86 cents a share for the first quarter of 2015.  This compares to net income of $207.6 million or 91 cents a share for the first quarter of 2014.

Costs related to the acquisition of Integrys Energy reduced earnings by 4 cents a share in the most recent quarter.  Excluding the effect of this item, adjusted earnings for the first quarter of 2015 were 90 cents a share.

First quarter 2015 revenues totaled $1.39 billion.  Revenues were $1.70 billion in the first quarter of 2014... More