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AI brief of an SEC Form 8-K · WEC Energy (WEC)

WEC Energy 2024 earnings rose to $4.83 per share; full-year revenue fell to $8.6 billion

Mixed Impact 3 of 5 earnings Written later

WEC Energy Group reported fourth-quarter and full-year 2024 results. Full-year GAAP net income was $1.5 billion, or $4.83 per share, up from $4.22 in 2023, while consolidated revenue fell $293.1 million to $8.6 billion. The company reaffirmed its 2025 earnings guidance of $5.17 to $5.27 per share.

Key points

  • Full-year 2024 GAAP earnings were $4.83 per share; adjusted earnings were $4.88 per share, up 5.4% from $4.63 in 2023.
  • Fourth-quarter 2024 GAAP net income was $453.5 million, or $1.43 per share, compared with $218.5 million, or 69 cents per share, in the fourth quarter of 2023.
  • Calendar 2025 earnings are expected to be $5.17 to $5.27 per share, a range the company reaffirmed.
  • The board declared a quarterly dividend of 89.25 cents per share on Jan. 16, a 6.9% increase.

The filing

CompanyWEC Energy (WEC)
Form8-K, current report
Filed with the SECFeb 4, 2025, 7:28 AM ET
Accession number0000107815-25-000095

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 04, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.