MGE Energy Inc expected to post earnings of 45  cents a share - Earnings Preview

MGE Energy

18/02/2022 13:55

* MGE Energy Inc  MGEE.OQ   MGEE.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 22
(estimated). 
    * The Madison Wisconsin-based  company is expected to report
 a
18.1% increase in revenue to $161.27 million from $136.51
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 45 cents per share. For the same quarter last year,
the company reported earnings of 44 cents 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
$70​, about 3.3% below​ its last closing price of $72.28. ​​​

This summary was machine generated February 18 at 13:55 GMT. 
All figures in US dollars  unless otherwise stated