Wisconsin Energy (WEC) Tops Q2 EPS by 3c

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WEC Energy Group posts 2015 second quarter and first half results

July 29, 2015 7:00 AM EDT

MILWAUKEE, July 29, 2015 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) today reported net income of $80.9 million or 35 cents a share for the second quarter of 2015. This compares to net income of $133.0 million or 58 cents a share for the second quarter of 2014. 

Costs related to the acquisition of Integrys Energy Group reduced earnings by 24 cents a share in the most recent quarter. Excluding the effect of this item, adjusted earnings for the second quarter of 2015 were 59 cents a share.

Second quarter 2015 revenues totaled $991 million. Revenues were $1.04 billion in the second quarter... More