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Wisconsin Energy's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Wisconsin Energy Corporation (WEC)

Q1 2012 Earnings Call

May 1, 2012 2:00 a.m. ET

Executives

Colleen Henderson – Manager, IR

Gale Klappa – Chairman, President, CEO

Frederick Kuester – EVP, CFO

Allen Leverett – EVP

Patrick Keyes – Treasurer, VP

Stephen Dickson – VP, Chief Accounting Officer

Analysts

Kit Konolige – Konolige Research

Paul Patterson – Glenrock Associates

Jim von Riesemann – UBS

Greg Gordon – ISI Group

Michael Lapides – Goldman Sachs

Brian Russo – Ladenburg Thalmann

James Dobson – Wunderlich Securities

Andrew Bischof – Morningstar

Paul Ridzon – KeyBanc

Daniel Jenkins – State of Wisconsin

Vedula Murti – CDP Capital



Presentation

Operator

Colleen Henderson



Good afternoon, ladies and gentlemen. Thank you for waiting, and welcome to Wisconsin Energy’s Conference Call to review 2012 first quarter results. This conference call is being recorded for rebroadcast, and all participants are in a listen-only mode at this time.

Before the conference call begins, I will read the forward-looking language. All statements in this presentation, other than historical facts, are forward-looking statements that involve risks and uncertainties, which are subject to change at any time. Such statements are based on management’s expectations at the time they are made.

In addition to the assumptions and other factors referred to in connection with the statements, factors described in the company’s latest Form 10-K and subsequent reports filed with the Securities and Exchange Commission, could cause actual results to differ materially from those contemplated. During the discussions, referenced earnings per share will be based on diluted earnings per share, unless otherwise noted.

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