WEC Energy (WEC) Tops Q1 EPS by 8c, Revenues Miss; Affirms FY10 EPS Mid-Point Guidance Below Consensus

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WEC Energy Group posts first-quarter results

April 25, 2019 7:01 AM EDT

MILWAUKEE, April 25, 2019 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $420.1 million, or $1.33 per share for the first quarter of 2019 - up from $390.1 million, or $1.23 per share for the first quarter of 2018.

Consolidated revenues totaled $2.4 billion, up $90.9 million from last year's first quarter.

"Our strong first quarter results were driven by colder than normal weather and a focus on operating efficiency across our system of companies," said Gale Klappa, Executive Chairman. "The energy infrastructure we've built to serve our 4.5 million customers... More