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Wec Energy Group Inc (WEC) |
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Wec Energy Group Inc Income Statement Quarterly
WEC
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Select the Financial Report: |
Period: |
Fiscal Year: |
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INCOME STATEMENT
(Quarterly GAAP In millions $) |
(Jun 30 2023)
II. Quarter |
(Mar 31 2023)
I. Quarter |
(Dec 31 2022)
IV. Quarter |
(Sep 30 2022)
III. Quarter |
(Jun 30 2022)
II. Quarter |
| Total Revenue |
1,830.00 |
2,888.10 |
2,558.40 |
2,003.00 |
2,127.90 |
| Cost of Goods and Services Sold |
533.00 |
1,309.70 |
1,235.40 |
805.10 |
935.00 |
| Gross
Profit |
1,297.00 |
1,578.40 |
1,323.00 |
1,197.90 |
1,192.90 |
| Selling, Administration, Marketing |
61.80 |
69.60 |
77.70 |
59.10 |
56.10 |
| Depriciation & Amortization |
313.90 |
305.50 |
284.60 |
280.30 |
279.60 |
| Research & development |
- |
- |
- |
- |
- |
| Restructuring charges |
- |
- |
- |
- |
- |
| Other exp. /-income |
496.00 |
534.00 |
385.60 |
454.30 |
449.00 |
| Special Items |
- |
- |
- |
- |
- |
| Income Loss From Equity Method Investments Of Transmission Affiliates |
- |
- |
194.70 |
- |
- |
| Total operating costs including COS |
1,404.70 |
2,218.80 |
2,178.00 |
1,598.80 |
1,719.70 |
| Operating income/-loss
|
425.30 |
669.30 |
380.40 |
404.20 |
408.20 |
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Other Deductions / - Income |
| Interest expense |
178.70 |
172.20 |
150.20 |
127.50 |
119.80 |
| Interest income |
- |
- |
- |
- |
- |
| Net interest expense/-income |
178.70 |
172.20 |
150.20 |
127.50 |
119.80 |
| Loss (Income) from Equity Method Investments |
-43.60 |
-43.80 |
-148.40 |
-63.70 |
-43.00 |
| Income from affiliates |
- |
- |
- |
- |
- |
| Sale of Business |
- |
- |
- |
- |
- |
| Financing Loss/ -Income |
- |
- |
- |
- |
- |
| Other loss/ -income |
-48.30 |
-40.80 |
67.40 |
-34.70 |
-19.80 |
| Total costs & expenses |
1,491.50 |
2,306.40 |
2,247.20 |
1,627.90 |
1,776.70 |
| Income /-loss before income taxes |
338.50 |
581.70 |
311.20 |
375.10 |
351.20 |
| Income taxes expenses/-benefit |
48.50 |
74.10 |
59.00 |
73.40 |
63.40 |
| Income after income taxes |
290.00 |
507.60 |
252.20 |
301.70 |
287.80 |
| Net income/-loss
of other equity |
- |
- |
- |
0.00 |
- |
| Income/-loss
from cont. Ops. |
290.00 |
507.60 |
252.20 |
301.70 |
287.80 |
| Accounting change |
- |
- |
- |
- |
- |
| Discontinued operations |
- |
- |
- |
- |
- |
| Extraordinary items |
- |
- |
- |
- |
- |
| Net Income/-loss |
290.00 |
507.60 |
252.20 |
301.70 |
287.80 |
| Noncontrolling interests |
- |
0.20 |
-2.80 |
0.60 |
- |
| Prefered dividends |
0.30 |
0.30 |
0.30 |
0.30 |
0.30 |
| Other |
- |
- |
- |
- |
- |
| Income/-loss to shareholder |
289.70 |
507.50 |
252.70 |
302.00 |
287.50 |
| EBIT |
517.20 |
753.90 |
461.40 |
502.60 |
471.00 |
| EBITD |
831.10 |
1,059.40 |
746.00 |
782.90 |
750.60 |
| EBITDA |
831.10 |
1,059.40 |
746.00 |
782.90 |
750.60 |
| Per
Share (GAAP Quarterly, in $) |
(Jun 30 2023)
II. Quarter |
(Mar 31 2023)
I. Quarter |
(Dec 31 2022)
IV. Quarter |
(Sep 30 2022)
III. Quarter |
(Jun 30 2022)
II. Quarter |
| Basic EPS (excl. extra
items) |
0.92 |
1.61 |
0.80 |
0.96 |
0.91 |
| Extraordinary items |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic Net EPS |
0.92 |
1.61 |
0.80 |
0.96 |
0.91 |
| Basic shares outstanding (Mill.
of Units) |
315.40 |
315.40 |
315.40 |
315.40 |
315.40 |
| EPS other shares |
- |
- |
- |
- |
- |
| Diluted Net EPS |
0.92 |
1.61 |
0.80 |
0.96 |
0.91 |
| Diluted average shares (Mill.
of Units) |
315.90 |
315.90 |
316.43 |
316.20 |
316.20 |
| Dividend per share |
0.779 |
0.779 |
0.725 |
0.726 |
0.725 |
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