WEC Energy (WEC) Tops Q2 EPS by 8c

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WEC Energy Group reports second-quarter results

August 4, 2020 7:00 AM EDT

MILWAUKEE, Aug. 4, 2020 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $241.6 million, or 76 cents per share, for the second quarter of 2020 up from $235.7 million, or 74 cents per share, for the second quarter last year.

For the first six months of 2020, the company recorded net income of $694.1 million, or $2.19 per share up from $655.8 million, or $2.07 per share, in the corresponding period a year ago.

Consolidated revenues totaled $3.7 billion for the first six months of 2020, down $310.3 million from revenues for the first half of 2019.

"We delivered solid results... More