WEC Energy Group Reports Strong Q3 2026 Results and Raises Full-Year Guidance

Executive Summary

On October 29, 2026, WEC Energy Group, Inc. filed a Form 8-K under Item 2.02 (Results of Operations and Financial Condition) disclosing its financial performance for the third quarter and nine months ended September 30, 2026. Along with solid earnings growth, the company raised and narrowed its full-year 2026 earnings guidance.

Key Financial Highlights

• Q3 Diluted Earnings Per Share (EPS): $1.18 per share, up 42.2% compared to $0.83 per share in Q3 2025.
• Q3 Net Income Attributed to Common Shareholders: $389.3 million, up 43.5% from $271.3 million in Q3 2025.
• Q3 Operating Revenues: $2,290.6 million, an 8.9% increase compared to $2,104.0 million in Q3 2025.
• Nine-Month Results:
  • Net income totaled $1,492.9 million ($4.54 diluted EPS), up from $1,240.9 million ($3.85 diluted EPS) in the prior-year period.
  • Operating revenues rose to $7,786.9 million from $7,263.0 million.
• Guidance Update: WEC raised and narrowed its full-year 2026 earnings guidance to $5.60 to $5.64 per share (from the earlier range of $5.51 to $5.61 per share), driven by favorable weather, execution of its capital plan, and operating efficiencies.