WEC Energy (WEC) Tops Q1 EPS by 14c, Revenues Beat

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WEC Energy Group reports solid first-quarter results

May 3, 2021 7:00 AM EDT

MILWAUKEE, May 3, 2021 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $510.1 million, or $1.61 per share, for the first quarter of 2021 up from $452.5 million, or $1.43 per share, for last year's first quarter.

Consolidated revenues totaled $2.7 billion, up $582.8 million from last year's first quarter.

"Our positive first-quarter results were driven by colder weather, economic recovery in our region and a strong focus on operating excellence," said Gale Klappa, executive chairman. "Our people and our infrastructure were put to the test and performed remarkably during a bitter cold... More