WEC Energy Group (WEC) Q2 Earnings and Revenues Beat Estimates

Core Insights - WEC Energy Group reported quarterly earnings of $0.76 per share, exceeding the Zacks Consensus Estimate of $0.71 per share, and showing an increase from $0.67 per share a year ago, resulting in an earnings surprise of +7.04% [1] - The company generated revenues of $2.01 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 8.16%, compared to $1.77 billion in the same quarter last year [2] - WEC Energy shares have increased approximately 15.5% year-to-date, outperforming the S&P 500's gain of 8.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.86 on revenues of $1.98 billion, and for the current fiscal year, it is $5.23 on revenues of $9.4 billion [7] - The estimate revisions trend for WEC Energy was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Utility - Electric Power industry, to which WEC Energy belongs, is currently ranked in the top 30% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - PG&E, another company in the same industry, is expected to report quarterly earnings of $0.33 per share, reflecting a year-over-year increase of +6.5%, with revenues projected at $6.32 billion, up 5.6% from the previous year [9][10]