WEC Energy (WEC) Tops Q3 EPS by 8c

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Go back to WEC Energy (WEC) Tops Q3 EPS by 8c

WEC Energy Group reports third-quarter results

November 3, 2020 7:00 AM EST

MILWAUKEE, Nov. 3, 2020 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $266.8 million, or 84 cents per share, for the third quarter of 2020 up from $234.3 million, or 74 cents per share, for last year's third quarter.

For the first nine months of 2020, the company recorded net income of $960.9 million, or $3.04 per share up from $890.1 million, or $2.81 per share, in the corresponding period a year ago.

Consolidated revenues totaled $1.7 billion for the third quarter of 2020 and $5.3 billion for the first nine months. Third-quarter revenues were up $43.0 million compared to the same quarter in... More