MGE Energy Inc expected to post earnings of 54cents a share - Earnings Preview

MGE Energy

17/02/2023 11:31

* MGE Energy Inc  MGEE.OQ   MGEE.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 21
(estimated). 
    * The Madison Wisconsin-based  company is expected to report
 a
1.7% increase in revenue to $164.81 million from $162.07 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 54 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
$68.5​, below​ its last closing price of $69.76. ​​​

This summary was machine generated February 17 at 11:31 GMT. 
All figures in US dollars  unless otherwise stated