WEC Energy: Q3 Earnings Snapshot

MILWAUKEE (AP) — MILWAUKEE (AP) — WEC Energy Group Inc. (WEC) on Thursday reported third-quarter net income of $389.6 million.

On a per-share basis, the Milwaukee-based company said it had net income of $1.18.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.

The electricity and natural gas provider posted revenue of $2.29 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $2.23 billion.

WEC Energy expects full-year earnings to be $5.60 to $5.64 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WEC at https://www.zacks.com/ap/WEC