MGE Energy Q1 revenue rises on Electric segment growth
MGE Energy, Inc. MGEE | 0.00 |
Overview
US utility holding company reported Q1 revenue and EPS up yr/yr
Electric segment earnings rose on capital investments and renewable project deployment
Gas net income was steady compared to Q1 2025
Outlook
Company did not provide specific guidance for future quarters or the full year
Result Drivers
ELECTRIC SEGMENT GROWTH - Co said higher electric segment earnings were due to capital investments and renewable energy project deployment
Company press release: ID:nBw190hr0a
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Operating Revenue |
|
$242.70 mln |
|
Q1 EPS |
|
$1.32 |
|
Analyst Coverage
The one available analyst rating on the shares is "sell"
Wall Street's median 12-month price target for MGE Energy Inc is $78.75, about 1.7% below its May 4 closing price of $80.11
The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 20 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
