WEC ENERGY GROUP POSTS THIRD-QUARTER RESULTS

WEC Energy Group has reported net income of $234.3 million, or 74 cents per share for the third quarter of 2019. This compares to earnings of $233.2 million, or 74 cents per share for last year’s third quarter. For the first nine months of 2019, the company recorded net income of $890.1 million, or $2.81 per share — up from $854.3 million, or $2.70 per share, in the corresponding period a year ago. Consolidated revenues for the third quarter and nine months ended September 30, 2019, were $1.6 billion and $5.6 billion, respectively, both level with the comparable periods in 2018. “We delivered a solid third quarter despite summer temperatures that were cooler than last year and destructive July storms — including nine tornadoes — that caused extensive damage to our distribution network,” said Gale Klappa, Executive Chairman.
Share this post:

Comments on "WEC ENERGY GROUP POSTS THIRD-QUARTER RESULTS "

Comments 0-5 of 0

Please login to comment