MGE Energy Inc expected to post earnings of $1.07 a share - Earnings Preview

MGE Energy

01/05/2023 14:31

* MGE Energy Inc  MGEE.OQ   MGEE.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 3
(estimated). 
    * The Madison Wisconsin-based  company is expected to report
 a
6.5% decrease in revenue to $195.35 million from $208.94 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MGE Energy Inc is
for
earnings of $1.07 per share. 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," no
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MGE Energy
Inc is
$72​, below​ its last closing price of $76.61. ​​​

This summary was machine generated May 1 at 13:31 GMT.  All
figures in US dollars  unless otherwise stated