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MGE (MGEE) Misses Q4 Earnings and Revenue Estimates
MGEEMGE Energy(MGEE) ZACKS·2025-02-25 20:05

Core Viewpoint - MGE's quarterly earnings of 0.61persharefellshortoftheZacksConsensusEstimateof0.61 per share fell short of the Zacks Consensus Estimate of 0.84 per share, marking a -27.38% earnings surprise, despite an increase from 0.55pershareayearago[1][2]FinancialPerformance−MGEreportedrevenuesof0.55 per share a year ago [1][2] Financial Performance - MGE reported revenues of 171.42 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 2.71%, compared to 164.65millioninthesamequarterlastyear[2]−Overthelastfourquarters,MGEhasnotsurpassedconsensusEPSestimatesandhasonlytoppedrevenueestimatesonce[2]StockPerformance−MGEshareshavedeclinedapproximately1164.65 million in the same quarter last year [2] - Over the last four quarters, MGE has not surpassed consensus EPS estimates and has only topped revenue estimates once [2] Stock Performance - MGE shares have declined approximately 1% since the beginning of the year, while the S&P 500 has gained 1.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 0.96 on revenues of 198.17million,andforthecurrentfiscalyear,itis198.17 million, and for the current fiscal year, it is 3.84 on revenues of $707.88 million [7] - The trend of estimate revisions for MGE is mixed, which could change following the recent earnings report [6] Industry Context - The Utility - Electric Power industry is currently in the top 50% of over 250 Zacks industries, suggesting that stocks in this category tend to outperform those in the bottom 50% by more than 2 to 1 [8]