Wisconsin Energy Q1 Profit Beats Estimates - Quick Facts

(RTTNews) - Wisconsin Energy (WEC) reported net income of $195.8 million or $0.86 a share for the first quarter of 2015 compared to $207.6 million or $0.91 a share for the first quarter of 2014. Excluding the effect of the costs related to the acquisition of Integrys Energy, adjusted earnings for the first quarter of 2015 were $0.90 a share.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.83 for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $1.39 billion. Revenues were $1.70 billion in the first quarter of 2014 - driven by the polar vortex and higher spot market prices for natural gas. Analysts expected revenue of $1.66 billion for the quarter.