WEC Energy and Ameriprise Report Higher Third-Quarter Profits
WEC Energy and Ameriprise Financial posted higher third-quarter profit and revenue versus last year. Figures reported by TradingView, citing RTTNews.
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what happened
WEC Energy Group earned $389.3 million, or $1.18 per share, in its third quarter, up from $271.3 million, or $0.83 per share, a year earlier. Revenue rose 8.8% to $2.290 billion from $2.104 billion.
Ameriprise Financial reported a bottom line of $1.126 billion, or $12.32 per share, compared with $912 million, or $9.33 per share, last year. Excluding items, adjusted earnings came to $1.103 billion, or $12.07 per share. Revenue for the period increased 6.8% to $5.117 billion from $4.791 billion.
WEC also issued full-year EPS guidance of $5.60 to $5.64. The details are based on a TradingView report citing RTTNews.
why it matters
Quarterly results from large companies set the tone for their shares and sectors. Simultaneous growth in revenue and profit at a utility and a financial firm points to steady demand and income, while WEC's full-year guidance offers a reference point for judging the outlook.
market impact
WEC and Ameriprise shares: higher reported profit and revenue is a supportive factor for both stocks
tags
instruments
sources
- WEC Energy Group, Inc. Reveals Climb In Q3 Bottom Line — TradingView, 29 October 2026 at 11:22 UTC
- Ameriprise Financial Inc. Reveals Climb In Q3 Bottom Line — TradingView, 29 October 2026 at 12:40 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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