WPC

WISCONSIN PUBLIC SERVICE CORP

6 filings tracked

utilitieselectric gas utilitiesLARGE ($10B-200B)

Signal Magnitude Chart

bullish

bearish

neutral

Signal Timeline

bullishMay 7

Net income grew 10.7% to $83.9 million due to approved rate orders.

earnings beat

60%

bearishMay 7

GAAP gross margin decreased by $4.5 million due to rising O&M and transmission costs.

margin compression

40%

neutralMay 7

Issued $300 million in long-term debt to fund capital expenditures.

capital raise

70%

bullishMay 7

Filed for significant rate increases for 2027 and 2028.

guidance raise

50%

bullishMay 7

Net income grew 10.7% to $83.9 million due to approved rate orders.

earnings beat

60%

bearishMay 7

GAAP gross margin decreased by $4.5 million due to rising O&M and transmission costs.

margin compression

40%

neutralMay 7

Issued $300 million in long-term debt to fund capital expenditures.

capital raise

70%

bullishMay 7

Filed for significant rate increases for 2027 and 2028.

guidance raise

50%

bullishMay 7

Net income grew 10.7% to $83.9 million due to approved rate orders.

earnings beat

60%

bearishMay 7

GAAP gross margin decreased by $4.5 million due to rising O&M and transmission costs.

margin compression

40%

neutralMay 7

Issued $300 million in long-term debt to fund capital expenditures.

capital raise

70%

bullishMay 7

Filed for significant rate increases for 2027 and 2028.

guidance raise

50%

bullishMay 7

Net income grew 10.7% to $83.9 million due to approved rate orders.

earnings beat

60%

bearishMay 7

GAAP gross margin decreased by $4.5 million due to rising O&M and transmission costs.

margin compression

40%

neutralMay 7

Issued $300 million in long-term debt to fund capital expenditures.

capital raise

70%

bullishMay 7

Filed for significant rate increases for 2027 and 2028.

guidance raise

50%

bullishMay 7

Net income grew 10.7% to $83.9 million due to approved rate orders.

earnings beat

60%

bearishMay 7

GAAP gross margin decreased by $4.5 million due to rising O&M and transmission costs.

margin compression

40%

neutralMay 7

Issued $300 million in long-term debt to fund capital expenditures.

capital raise

70%

bullishMay 7

Filed for significant rate increases for 2027 and 2028.

guidance raise

50%

bullishMay 7

Net income grew 10.7% to $83.9 million due to approved rate orders.

earnings beat

60%

bearishMay 7

GAAP gross margin decreased by $4.5 million due to rising O&M and transmission costs.

margin compression

40%

neutralMay 7

Issued $300 million in long-term debt to fund capital expenditures.

capital raise

70%

bullishMay 7

Filed for significant rate increases for 2027 and 2028.

guidance raise

50%

Filing History

10-QMay 7, 2026

The Q1 2026 filing presents a classic utility trade-off between aggressive growth and financial stability. On one hand, the company is successfully leveraging regulatory mechanisms to grow its top line and fund a massive energy transition. The shift toward renewables and the utilization of federal tax credits provide a clear path toward modernization and potential long-term value creation. However, the underlying data reveals a tightening liquidity position and a decline in actual energy demand. The tension between rising debt levels and slipping sales volumes suggests that the company's success is heavily dependent on the favorable outcome of its pending rate cases. Investors must weigh the promise of a modernized, zero-carbon grid against the immediate risks of margin compression and regulatory pushback. The overall impact of the filing is a transition from a stable, defensive utility to a higher-risk, higher-reward infrastructure project.