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NASDAQ:MGEE

MGE Energy Q3 2024 Earnings Results & Report

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$71.21 +0.55 (+0.78%)
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MGE Energy missed analyst earnings expectations but beat on revenue in its Q3 2024 results, released November 6, 2024. The company reported EPS of $1.13 versus the $1.17 consensus estimate, while revenue of $168.48 million topped the $163.82 million estimate by $4.66 million.

Earnings Announcement Details

Quarter
Q3 2024
Report Date
Time
During Market Hours
Conference Call
6:00 AM ET

MGE Energy EPS Results

Actual EPS
$1.13
Consensus EPS
$1.17
Beat/Miss
Missed by -$0.04
One Year Ago EPS
N/A
EPS Beat Rate
4 of last 8 quarters

MGE Energy Revenue Results

Actual Revenue
$168.48 million
Expected Revenue
$163.82 million
Beat/Miss
Beat by +$4.66 million
YoY Revenue Growth
N/A

Upcoming Earnings

MGE Energy's Q3 2026 earnings is estimated for Wednesday, November 4, 2026, based on past reporting schedules, with a conference call scheduled on Thursday, November 5, 2026 at 12:30 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

MGE Energy Q3 2024 Earnings FAQ

MGE Energy (NASDAQ:MGEE) reported earnings of $1.13 per share for Q3 2024, missing the consensus estimate of $1.17. The report was announced on Wednesday, November 6, 2024.

MGE Energy reported revenue of $168.48 million for Q3 2024, against a consensus estimate of $163.82 million.

MGE Energy's next earnings date is estimated for Wednesday, November 4, 2026. MarketBeat tracks confirmed and estimated earnings dates for MGE Energy on the company's earnings history page.

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About MGE Energy

MGE Energy (NASDAQ:MGEE), Inc. is a public utility holding company headquartered in Madison, Wisconsin. Through its principal subsidiary, Madison Gas and Electric Company (MGE), the company generates, purchases, transmits, distributes and sells electricity, as well as distributes and sells natural gas.

MGE serves residential, commercial and industrial customers in Madison and surrounding communities in south-central Wisconsin. Its energy portfolio includes traditional generation resources along with investments in renewable energy, including wind and solar projects. The company also supports energy-efficiency programs and other initiatives designed to help customers manage energy use and reduce emissions.

MGE Energy traces its history to the formation of Madison Gas Light Company in 1855. Today, the organization operates primarily through its regulated utility business, while maintaining a diversified generation portfolio and participating in regional energy markets. Jeffrey M. Keebler serves as president and chief executive officer of MGE Energy and Madison Gas and Electric.

View MGE Energy Profile