WEC Energy Q3 net income rises sharply year over year on high demand
WEC•WEC Energy reported Q3 net income of $389.3 million and EPS of $1.18, both sharply higher year over year. It raised and narrowed its 2026 EPS guidance to $5.60-$5.64 from $5.51-$5.61.
1. Quarterly results
WEC Energy said warmer-than-normal weather, higher electricity use among residential, small commercial and industrial customers, and capital investment contributed to its higher Q3 results. CEO Scott Lauber cited warmer weather as a driver.
2. 2026 guidance
The company raised and narrowed its 2026 EPS guidance to $5.60-$5.64 from $5.51-$5.61. The outlook assumes normal weather conditions for the rest of 2026.
