WEC Energy Group [WEC] reported a net income of $211.3 million for the second quarter of 2024, marking a decrease from $289.7 million in the previous quarter. The earnings update, covering the period ending June 30, highlights the company's financial performance in Q2, showcasing key insights into its profitability during this timeframe.
The company, headquartered in Milwaukee, Wisconsin, reported to SEC in an 8-K filing $0.67 earnings per share in the quarter, compared to $0.92 in the previous quarter.
WEC Energy Group, operating in the energy sector, reported revenues totaling $1.77 billion in the current period, showing a decrease compared to the previous quarter's revenue of $1.83 billion. This financial data provides insights into the company's revenue performance in the recent period, reflecting its position within the energy industry.
In comparison to the same quarter in the previous year, WEC Energy Group's revenue for the current period declined from $4.72 billion to $1.77 billion. This change highlights the fluctuations in the company's revenue performance year over year.
As of August 7, 2024 end of day trading.