MGE Energy Q4 EPS Rises 5% to $0.64, Revenue Up 10.6% to $189.6M
MGE Energy delivered Q4 adjusted EPS of $0.64, up from $0.61 year-over-year and meeting estimates, while revenue climbed 10.6% to $189.6 million, 5.4% above consensus. Despite topping revenue forecasts in three of four quarters, MGE holds a Zacks Rank #4 Sell, with Q1 EPS projected at $1.14 on $227.1 million.
1. Q4 Earnings and Revenue Performance
MGE Energy posted adjusted Q4 earnings of $0.64 per share, up from $0.61 a year earlier and in line with estimates, while revenue reached $189.6 million, marking a 10.6% year-over-year increase and exceeding consensus by 5.4%.
2. Recent Estimate Beats
The company has surpassed revenue consensus in three of the last four quarters and delivered two EPS surprises, including a Q3 beat of +2.5% when it earned $1.22 versus a $1.19 forecast.
3. Outlook and Analyst Rating
Despite these results, MGE holds a Zacks Rank #4 Sell; analysts forecast Q1 EPS of $1.14 on $227.1 million in revenue, with future earnings estimate revisions seen as the next key catalyst.