MGE (MGEE) Meets Q4 Earnings Estimates

分组1 - MGE reported quarterly earnings of $0.64 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.61 per share a year ago [1] - The company posted revenues of $189.55 million for the quarter, exceeding the Zacks Consensus Estimate by 5.41%, and up from $171.41 million year-over-year [2] - MGE shares have increased approximately 3.9% since the beginning of the year, while the S&P 500 has declined by 0.1% [3] 分组2 - The earnings outlook for MGE is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters [4] - The trend of estimate revisions for MGE was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance [6] - The current consensus EPS estimate for the next quarter is $1.14 on revenues of $227.06 million, and for the current fiscal year, it is $3.91 on revenues of $765.1 million [7] 分组3 - The Utility - Electric Power industry, to which MGE belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]