Wisconsin Energy (WEC) Misses Q4 EPS by 1c, Revenue Light
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WEC Energy Group posts 2015 fourth quarter and full-year results
February 4, 2016 7:01 AM ESTMILWAUKEE, Feb. 4, 2016 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) today recorded net income based on generally accepted accounting principles (GAAP) of $179.3 million or 57 cents a share for the fourth quarter of 2015. WEC Energy Group was formed on June 29, 2015 when Wisconsin Energy completed the acquisition of Integrys.
Wisconsin Energy's stand-alone earnings for the fourth quarter, excluding Integrys earnings and acquisition costs, rose to 63 cents a share. In the corresponding quarter a year ago, Wisconsin Energy's stand-alone earnings, adjusted for acquisition costs, were 56 cents a... More
