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WEC Energy reports mixed Q2 earnings; reaffirms FY23 outlook

Aug. 01, 2023 7:13 AM ETWEC Energy Group, Inc. (WEC)By: Meghavi Singh, SA News Editor
  • WEC Energy press release (NYSE:WEC): Q2 GAAP EPS of $0.92 beats by $0.07.
  • Revenue of $1.83B (-14.1% Y/Y) misses by $200M.
  • The company is reaffirming its 2023 annual earnings guidance of $4.58 to $4.62 per share vs. consensus of $4.61, assuming normal weather for the remainder of the year.

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