MGE Energy Inc expected to post earnings of 70  cents a share - Earnings Preview

MGE Energy

31/07/2023 13:45

* MGE Energy Inc  MGEE.OQ   MGEE.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 2
(estimated). 
    * The Madison Wisconsin-based  company is expected to report
 a
5.2% decrease in revenue to $144.42 million from $152.35 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 70 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
$69.5​, below​ its last closing price of $79.91. ​​​

This summary was machine generated July 31 at 12:45 GMT.  All
figures in US dollars  unless otherwise stated