MGE (MGEE) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Core Viewpoint - MGE is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the consensus EPS estimate at $0.98, reflecting a 5.4% increase, and revenues expected to reach $202.42 million, up 5.8% from the previous year [1][3]. Earnings Expectations - The earnings report could positively influence MGE's stock price if actual results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised down by 2.5% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model compares the Most Accurate Estimate to the Zacks Consensus Estimate, with MGE's Most Accurate Estimate aligning with the consensus, resulting in an Earnings ESP of 0% [5][10]. - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a favorable Zacks Rank [8]. Historical Performance - MGE has not surpassed consensus EPS estimates in the last four quarters, with the most recent quarter showing a significant miss of -27.38% [12][13]. Industry Comparison - NRG Energy, another player in the electric power industry, is expected to report earnings of $1.80 per share, a 125% year-over-year increase, with revenues projected at $2.89 billion, down 61% from the previous year [17]. - NRG's consensus EPS estimate has been revised up by 28.8% in the last 30 days, but it also has an Earnings ESP of 0.00%, making predictions about beating the consensus challenging [18].