MGE Energy Reports Third-Quarter Earnings
MGE Energy Inc. (MGEE)
US:NASDAQ Investor Relations:
mgeenergy.com
Company Research
Source: Business Wire
MADISON, Wis.--(BUSINESS WIRE)-- MGE Energy, Inc. (Nasdaq: MGEE) today reported financial results for the third quarter of 2018. MGE Energy's earnings for the third quarter of 2018 were $29.5 million, or 85 cents per share, compared to $26.6 million, or 77 cents per share, for the same period in the prior year. During the third quarter of 2018, electric net income increased due to a 3.5% increase in electric retail sales. This increase reflects higher customer demand as a result of warmer weather, particularly in August, when compared to cooler weather for the same month in 2017. The average temperature in August was 72 degrees compared to 67 degrees in the prior year. Normal average temperature in August is 70 degrees. MGE Energy, Inc. (In thousands, except per share amounts)
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News
- Returns On Capital At MGE Energy (NASDAQ:MGEE) Have Hit The Brakes [Yahoo! Finance]Yahoo! Finance
- MGE Seeks to Expand Popular Community Solar Program for Residential and Small Business Electric Customers [Yahoo! Finance]Yahoo! Finance
- MGE Seeks to Expand Popular Community Solar Program for Residential and Small Business Electric CustomersBusiness Wire
- MGE Energy, Inc. (NASDAQ: MGEE) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- MGE Energy, Inc. (NASDAQ: MGEE) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
MGEE
Earnings
- 11/2/23 - Miss
MGEE
Analyst Actions
- 1/31/24 - TheStreet
MGEE
Sec Filings
- 4/5/24 - Form SC
- 4/5/24 - Form ARS
- 4/5/24 - Form DEFA14A
- MGEE's page on the SEC website