WEC Energy

Q2 FY2026 EarningsFY26 Q2 beat consensus across all major financial metrics, with Diluted EPS of $0.91 exceeding the $0.81 expected and Revenue of $2.06B slightly above the $2.04B consensus. Performance was primarily driven by higher margins from Wisconsin rate orders, significant growth in AFUDC-Equity due to accelerated capital projects, and a strong recovery in the Non-Utility Energy Infrastructure segment. Management reaffirmed a massive $37.5B five-year capital plan, supported by surging load demand from Very Large Customers (VLC) such as Microsoft and Oracle.