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WEC Energy Group — Oct 31, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000107815-24-000243
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Showing in the filing
WEC Energy Group GAAP earnings
“$ 4.74”
Period
No period stated
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 9
Earnings (GAAP basis) for FY2024
“$4.74 to $4.84 per share”
Earnings (adjusted basis) for FY2024
“$4.80 to $4.90 per share”
WEC Energy Group adjusted earnings - High En… for FY2024
“$4.90”
Net loss related to ICC disallowances
“0.06”
WEC Energy Group GAAP earnings - Low End of … for FY2024
“$4.74”
WEC Energy Group GAAP earnings
“$ 4.74”
WEC Energy Group GAAP earnings - High End of… for FY2024
“$4.84”
WEC Energy Group adjusted earnings - Low End… for FY2024
“$4.80”
WEC Energy Group adjusted earnings
“$ 4.80”
Exhibit 99.1 · the passage around this item
… earlier in the release
Earnings Guidance A reconciliation of 2024 GAAP earnings guidance to adjusted (non-GAAP earnings guidance) is provided below, and reflects the same adjustment for the ICC disallowances that was made to net income and earnings per share for the three and nine months ended Sept. 30, 2024. Earnings Guidance - 2024 Low End of Range High End of Range WEC Energy Group GAAP earnings guidance $ 4.74   $ 4.84   Net loss related to ICC disallowances 0.06   0.06   WEC Energy Group adjusted earnings guidance $ 4.80   $ 4.90   Conference call A conference call is scheduled for 1 p.m. Central time, Thursday, Oct. 31. The call will review 2024 third-quarter earnings and the company’s outlook for the future. All interested parties, including stockholders, news media and the general public, are invited to listen. Access the call at 888-330-2443 up to 15 minutes before it begins. The number for international callers is 240-789-2728. The conference ID is 3088105. Conference call access also is available at wecenergygroup.com . Under 'Webcasts,' select 'Q3 Earnings.' In conjunction with this earnings announcement, WEC Energy Group will post on its website a package of detailed financial information on its third-quarter performance. The materials will be available at 6:30 a.m. Central time, Thursday, Oct. 31. Replay A replay will be available on the website and by phone. Access to the webcast replay will be available on the website about two hours after the call. Access to a phone replay also will be available approximately two hours after the call and remain accessible through Nov. 14, 2
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.