Utility WEC Energy tops Q4 profit estimates as electricity, gas sales rise

Core Insights - WEC Energy Group Inc reported a fourth-quarter profit that exceeded Wall Street estimates, attributed to an increase in residential and commercial sales as the utility sector continued to benefit from favorable market conditions [1] Financial Performance - The company's fourth-quarter profit surpassed analyst expectations, indicating strong financial performance [1] - The uptick in sales from both residential and commercial sectors contributed significantly to the profit increase [1]