WEC Energy Group reported third-quarter 2025 earnings of 83 cents per share, beating the Zacks Consensus Estimate of 79 cents by 5%. Operating revenues of $2.10 billion also surpassed estimates by around 4.9% and increased by 12.9% from the year-ago quarter’s figures.
Highlights from WEC’s earnings release include retail electricity deliveries increasing by 1.9% year over year. Small commercial and industrial electricity consumption rose by 1.1%, while large commercial and industrial consumption, excluding the iron ore mine, increased by 2.5%.
WEC’s financial position shows cash and cash equivalents of $51.1 million as of September 30, 2025, up from $9.8 million at the end of 2024. The company’s long-term debt also increased to $17.67 billion compared to $17.18 billion at the end of 2024.
WEC reaffirmed its 2025 earnings projection of $5.17-$5.27 per share and expects to invest $36.5 billion in the 2026-2030 period to support long-term EPS growth. The company plans to finance this through cash generated from operations and issuing new debt and equity.
Upcoming releases in the energy sector include Algonquin Power & Utilities, Avista, and Ameren reporting third-quarter results in early November. Expectations for earnings per share range from a 25% decrease to a 17.39% increase year-over-year for these companies.
Read more at Nasdaq: WEC Energy Q3 Earnings Beats Estimates, Revenues Rise Y/Y
