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

MGE Energy

03/11/2022 19:29

* MGE Energy Inc  MGEE.OQ  reported quarterly adjusted
earnings of
93 cents​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was
for earnings of $1.01 per share.
    * Revenue rose 12% to $163.40 million from a year ago;
analysts
expected $139.17 million. 
    * MGE Energy Inc's reported EPS for the quarter was 93
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * MGE Energy Inc shares had risen by 4.0% this quarter and
lost 17.0% so far this year.
    * Wall Street's median 12-month price target for MGE Energy
Inc is
$64.00 
    * 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 from Refinitiv data November
3 at 07:29 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.01           0.93           Missed
 Jun. 30 2022      0.63           0.60           Missed
 Mar. 31 2022      0.97           0.95           Missed
 Dec. 31 2021      0.45           0.36           Missed