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WEC Energy Group (WEC) guidance and outlook
WEC Energy Group (WEC) raised its guidance on Oct 29, 2026: EPS $5.60–$5.64 for FY2026. WEC Energy Group's 10-Q filed Oct 30, 2026 makes 53 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| EPS | FY2026 | $5.60–$5.64 | raised |
From the earnings release filed Oct 29, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Oct 30, 2026
- We anticipate electric demand growth in the years ahead from these economic developments.
- Microsoft has announced plans to invest over $20 billion in data centers in southeastern Wisconsin over the next several years, and we expect up to 3.2 GWs of load growth in the Milwaukee-to-Chicago corridor through 2031.
- We are working closely with these large customers to provide power to meet this substantial projected demand.
- To meet the forecasted electric demand growth in the years ahead, greater capacity will be required to provide affordable, reliable, and clean energy for our communities.
- The forecasted demand growth is also addressed in our capital plan with a range of planned investments in natural gas-fired generation, renewables, and battery storage.
- We expect to invest approximately $13.7 billion from 2027 to 2031 in regulated renewable energy in Wisconsin.
- Our plan is to build and own zero-carbon-emitting renewable generation facilities that are anticipated to include the following investments:
- Our capital plan also reflects the planned retirement of our older, fossil-fueled generation, which we expect to replace with the natural gas-fired generation and zero-carbon-emitting renewables discussed above.
- We expect to achieve this goal by continuing to make operating refinements, retiring less efficient generating units, and executing our capital plan.
- We expect to retire additional coal-fired generation, including OCPP Units 7 and 8.
- We and the other co-owners of Columbia Units 1 and 2 currently plan to continue coal operations at these units through at least 2030.
- We have made significant reliability-related investments in recent years, and in accordance with our capital plan, expect to continue strengthening and modernizing our generation fleet, as well as our electric and natural gas distribution networks to further improve reliability.
WEC Energy Group's latest quarter
WEC Energy Group, Q3 2026: revenue $2.3B (+9% year over year), operating margin 24.6%, net earnings $390M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.
Questions
Did WEC Energy Group raise or lower its guidance?
WEC Energy Group (WEC) raised its guidance on Oct 29, 2026: EPS $5.60–$5.64 for FY2026.
What does WEC Energy Group expect?
We anticipate electric demand growth in the years ahead from these economic developments. Microsoft has announced plans to invest over $20 billion in data centers in southeastern Wisconsin over the next several years, and we expect up to 3.2 GWs of load growth in the Milwaukee-to-Chicago corridor through 2031. We are working closely with these large customers to provide power to meet this substantial projected demand.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.