WEC Energy Group, Inc. (WEC) earnings on July 29, 2026

Before the market opens Q2 2026

More WEC Energy Group, Inc. earnings

Prior outlook: Pessimistic Outcome: Accurate

The stock fell about 2% today, dropping to an intraday low of -2.60% before closing at -2.04%. The drop happened even though the company has a strong track record of meeting expectations in its quarterly reports.

WEC price around the earnings

111.29

Change: -2.0%

2026-07-29, 20:00 UTC

End of the measured window
110.72 112.25 113.77 115.30 113.61
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
July 29, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published
Results released

Strong earnings history but muted setup: low implied move (1.19%), negative trend strength, analyst target cuts.

Context analyzed before publication

Trend
Trajectory remained negative/neutral (22.4→-10.6 over week) — consistently muted setup into event.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.35
Analysts covering the stock
18
Average price target
123.75
Lowest price target
108
Highest price target
140
Upside to price target
8.9%
Quarterly earnings growth
11.1%
Revenue growth
9%
Forward EPS
6
Trailing EPS
4.99
Analyst moves in the last 60 days
4
  • Strong buy: 1
  • Buy: 7
  • Hold: 11
  • Sell: 1
  • Strong sell: 0
Strong buy
1
Buy
7
Hold
11
Sell
1
Strong sell
0
  • July 23, 2026 · Keybanc: Maintains rating (Overweight → Overweight)
  • July 22, 2026 · BMO Capital: Maintains rating (Market Perform → Market Perform)
  • July 16, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)
  • July 16, 2026 · Truist Securities: Maintains rating (Hold → Hold)

News and sentiment

Evidence

Sentiment
Sentiment
Neutral
Mention volume
Low
Normalized volume
33%
News
Sources (4)

Technicals

Evidence

Price when the context was analyzed
113.61
Average true range (ATR)
1.8%
Distance to 52-week high
-4.2%
14-day change (14d)
-1.3%
30-day change (32d)
-4.3%
30-day relative strength
-5.9%
SPY change (32d)
+1.6%
Nearest support
113.2
Distance to nearest support
0.4%
Nearest resistance
113.8
Distance to nearest resistance
0.2%
Volume accumulation ratio (14d / 46d)
0.96
  • Mid: 113.2 (0.4% away, 0.2 ATR, 9 touches)
  • Major: 112.66 (0.8% away, 0.47 ATR, 25 touches)
  • Mid: 112.03 (1.4% away, 0.78 ATR, 24 touches)
  • Major: 113.8 (0.2% away, 0.1 ATR, 22 touches)
  • Major: 114.45 (0.7% away, 0.41 ATR, 46 touches)
  • Major: 115.08 (1.3% away, 0.73 ATR, 31 touches)

Trends

Evidence

Average earnings surprise
+4.7%
  • May 5, 2026: actual EPS 2.45 vs estimate 2.3 (surprise +6.5%)
  • February 5, 2026: actual EPS 1.42 vs estimate 1.39 (surprise +2.3%)
  • October 30, 2025: actual EPS 0.83 vs estimate 0.81 (surprise +2.4%)
  • July 30, 2025: actual EPS 0.76 vs estimate 0.71 (surprise +7.6%)

Expected move

Implied move
+1.2%
Source
Options chain

Reactions over its last 20 earnings

Median move
0.5%
75th percentile move
1%
90th percentile move
1.3%
Up / down moves
7 / 13
Average up move
+0.7%
Average down move
-0.6%

Monitoring and close

What WEC Energy Group, Inc. reported

Status
Finished
Actual EPS0.91
EPS estimate0.82
EPS surprise+11.0%
Revenue$2,062 million
Revenue estimate$2,046 million
Revenue surprise+0.8%

WEC Energy beat Q2 earnings estimates, but weak full-year guidance keeps sentiment pessimistic.

Sources (8)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, the figures don't clearly confirm the prior scenario.

How the stock reacted

Outcome
Accurate
Consolidated
-2.0%
Max favorable move (MFE)
2.6%
Max adverse move (MAE)
0.7%