Wisconsin Energy Q2 Results Beat Estimates - Quick Facts

(RTTNews) - Wisconsin Energy Crop. (WEC) Wednesday announced a slight decline in second quarter net income $119 million from $119.3 millionin the prior year, meanwhile earnings per share increased to $0.52 from $0.51 last year.

On average, 13 analysts polled by Thomson Reuters expected earnings per share of $0.46 for the quarter. Analysts' estimates typically exclude one-time items.

Revenue for the quarter rose to $1.01 billion from $944.7 million last year. Analysts were looking for 958.21 million.

The company noted that strong natural gas sales during a cooler than normal spring and the impact of the company's share repurchase program were positive factors contributing to its results.