MGE Energy (MGEE)

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MGEE stock results show that MGE Energy missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.

MGEE stock results show that MGE Energy missed analyst estimates for earnings per share the first quarter of 2024.

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U.S. stocks traded mixed toward the end of trading, with the Dow Jones gaining more than 100 points on Friday. The Dow traded up 0.38% to 33,823.80 while the NASDAQ fell 0.60% to 11,784.95. The S&P 500 also fell, dropping, 0.26% to 4,079.83.

Tuesday marks the last chance for investors to receive the next dividend payout from MGE Energy (NASDAQ:MGEE).

Over the past 3 months, 4 analysts have published their opinion on MGE Energy (NASDAQ:MGEE) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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Pulled from Benzinga Pro data, MGE Energy (NASDAQ:MGEE) posted Q2 earnings of $21.76 million, an increase from Q1 of 36.78%. Sales dropped to $152.35 million, a 27.08% decrease between quarters.

According to Benzinga Pro, during Q1, MGE Energy (NASDAQ:MGEE) earned $34.42 million, a 163.55% increase from the preceding quarter. MGE Energy also posted a total of $208.94 million in sales, a 28.92% increase since Q4.

MGE Energy (NASDAQ:MGEE) has observed the following analyst ratings within the last quarter:

MGE Energy (NASDAQ:MGEE) reported its Q4 earnings results on Wednesday, February 23, 2022 at 10:43 AM. Here's what investors need to know about the announcement. Earnings MGE...

On August 20, 2021, MGE Energy (NASDAQ:MGEE) declared a di...

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