<span item_type="fundamental" item_id="92368dd48217d05341f19b2ce255f9bf" counter_id="ST/US/WEC" env="prod"></span><span item_type="announcement" item_id="513072984876654081" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 3.15 B, beating the estimate of USD 2.809 B.</p><p>EPS: As of FY2025 Q1, the actual value is USD 2.27, beating the estimate of USD 2.1759.</p><p></p><h3>Net Income</h3><p>WEC Energy Group, Inc. reported net income of $724.2 million for the first quarter of 2025, compared to $622.3 million for the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/783325/000010781525000175/a2025q1wecearningsreleasee.htm"></span></p><h3>Operating Income</h3><p>Operating income for the first quarter of 2025 was $937.5 million, an increase from $813.4 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/783325/000010781525000175/a2025q1wecearningsreleasee.htm"></span></p><h3>Operating Expenses</h3><p>Total operating expenses for the first quarter of 2025 were $2,212.0 million, up from $1,866.8 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/783325/000010781525000175/a2025q1wecearningsreleasee.htm"></span></p><h3>Cash Flow</h3><p>Net cash provided by operating activities was $1,162.6 million for the first quarter of 2025, compared to $863.6 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/783325/000010781525000175/a2025q1wecearningsreleasee.htm"></span> Net cash used in investing activities was - $1,101.8 million, compared to - $436.2 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/783325/000010781525000175/a2025q1wecearningsreleasee.htm"></span> Net cash provided by financing activities was $40.4 million, compared to - $476.5 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/783325/000010781525000175/a2025q1wecearningsreleasee.htm"></span></p><h3>Outlook / Guidance</h3><p>The company reaffirmed its 2025 earnings guidance of $5.17 to $5.27 per share, assuming normal weather for the remainder of the year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/783325/000010781525000175/a2025q1wecearningsreleasee.htm"></span></p>

WEC Energy | 8-K: FY2025 Q1 Revenue Beats Estimate at USD 3.15 B