MILWAUKEE (AP) _ WEC Energy Group Inc. (WEC) on Monday reported first-quarter net income of $565.9 million.

On a per-share basis, the Milwaukee-based company said it had profit of $1.79.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share.

The electricity and natural gas provider posted revenue of $2.91 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $2.8 billion.

WEC Energy expects full-year earnings to be $4.34 to $4.38 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WEC at https://www.zacks.com/ap/WEC

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News