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Market Impact: 0.32

MGE (MGEE) Q1 Earnings and Revenues Top Estimates

MGEE
Corporate EarningsAnalyst EstimatesCompany Fundamentals

MGE reported quarterly EPS of $1.32, beating the Zacks Consensus Estimate of $1.13 by $0.19 per share and improving from $1.14 a year ago. The result indicates a modest earnings beat and year-over-year growth, which is constructive for company fundamentals. The article contains no guidance or other major catalysts.

Analysis

MGE reported quarterly EPS of $1.32, beating the Zacks Consensus Estimate of $1.13 by $0.19 per share and improving from $1.14 a year ago. The result indicates a modest earnings beat and year-over-year growth, which is constructive for company fundamentals. The article contains no guidance or other major catalysts.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

MGEE0.55