WEC Energy (WEC) Tops Q4 EPS by 3c

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WEC Energy Group posts 2021 results

February 3, 2022 7:00 AM EST

MILWAUKEE, Feb. 3, 2022 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $1.3 billion, or $4.11 per share, for 2021. This compares to earnings of $1.2 billion, or $3.79 per share, for 2020 a year-over-year increase of 8.4 percent.

For the fourth quarter of 2021, WEC Energy Group recorded net income of $224.2 million, or 71 cents per share. This compares to earnings of $239.0 million, or 76 cents per share, for the fourth quarter of 2020.

Consolidated revenues totaled $8.3 billion for 2021, up $1.1 billion compared to 2020 revenues.

"Across the board from operational efficiency to customer care to financial performance the company... More