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

MGE Energy

05/11/2021 06:04

* MGE Energy Inc  MGEE.OQ  reported quarterly adjusted earnings
of 97 cents​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was
for earnings of 92 cents per share.
* Revenue rose 7.9% to $145.87 million from a year ago; 
analysts expected $129.23 million. 
* MGE Energy Inc's reported EPS for the quarter was 97 cents​.
* The mean earnings estimate of analysts had risen by about 1.7%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* MGE Energy Inc shares had risen by 5.1% this quarter and
gained 10.3% so far this year.
* The company reported quarterly net income of $34.92 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 November 5 at 06:04 a.m.
 ​All figures in US dollars unless otherwise stated