MGE Energy Inc reports results for the quarter ended in June - Earnings Summary

MGE Energy

05/08/2021 17:35

* MGE Energy Inc  MGEE.OQ  reported quarterly adjusted earnings
of 63 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
62 cents per share.
* Revenue rose 11.7% to $130.73 million from a year ago; 
analysts expected $111.43 million. 
* MGE Energy Inc's reported EPS for the quarter was 63 cents​.
* The mean earnings estimate of analysts had risen by about 9.8%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* MGE Energy Inc shares had risen by 6.8% this quarter and
gained 13.5% so far this year.
* The company reported quarterly net income of $22.85 million.
* Wall Street's median 12-month price target for MGE Energy Inc
is $67.50 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated August 5 at 04:35 p.m.  ​All
figures in US dollars unless otherwise stated