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

MGE Energy

05/05/2022 18:54

* MGE Energy Inc  MGEE.OQ  reported quarterly adjusted
earnings of
95 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
97 cents per share.
    * Revenue rose 24.4% to $208.94 million from a year ago; 
analysts
expected $157.75 million. 
    * MGE Energy Inc's reported EPS for the quarter was 95
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * MGE Energy Inc shares had risen by 0.5% this quarter and
lost 2.5% so far this year.
    * Wall Street's median 12-month price target for MGE Energy
Inc is
$76.00 
    * 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." 

This summary was machine generated May 5 at 05:54 p.m.  ​All
figures in US dollars unless otherwise stated