MGE Energy Inc expected to post earnings of 97  cents a share - Earnings Preview

MGE Energy

02/05/2022 16:47

* MGE Energy Inc  MGEE.OQ   MGEE.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 4
(estimated). 
    * The Madison Wisconsin-based  company is expected to report
 a
6.1% decrease in revenue to $157.75 million from $167.92 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 97 cents per share. For the same quarter last year,
the company reported earnings of 97 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
$76​, below​ its last closing price of $77.87. ​​​

This summary was machine generated May 2 at 15:47 GMT.  All
figures in US dollars  unless otherwise stated