MGE Energy beats revenue estimates despite earnings miss
#MGE Energy #Earnings Beat #Revenue Estimates #Renewable Energy #Utility Stocks #Madison Gas and Electric #Quarterly Results #Stock Performance
📌 Key Takeaways
- MGE Energy missed quarterly earnings estimates but beat revenue expectations
- Full-year 2025 earnings increased to $135.9 million from $120.6 million in 2024
- Renewable energy projects drove significant growth in the electric segment
- Gas segment benefited from increased retail therm deliveries due to warmer weather
📖 Full Retelling
MGE Energy Inc. (NASDAQ:MGEE) reported fourth-quarter earnings of $0.64 per share, slightly missing analyst estimates of $0.66, while revenue of $189.55 million exceeded expectations in Madison, Wisconsin on Wednesday, February 25, 2026, driven by strong renewable energy deployments and increased gas retail therm deliveries. The utility company's earnings rose to $23.3 million, or $0.64 per share, compared to $22.0 million, or $0.61 per share, in the same quarter last year, with revenue increasing 10.6% year-over-year from $171.4 million. Despite the slight earnings miss, investors reacted positively, sending the company's stock up 1.62% in after-hours trading, suggesting a focus on the revenue beat and strong year-over-year growth. For the full year 2025, MGE Energy reported earnings of $135.9 million, or $3.72 per share, compared to $120.6 million, or $3.33 per share, in 2024, with full-year revenue reaching $743.7 million, up from $676.9 million in the prior year. The company's electric segment saw significant growth of $11.3 million in 2025, attributed to the deployment of renewable energy projects including the 25 MW Darien Solar Project in Rock and Walworth counties that became operational in March 2025, and the 11 MW Paris Battery Energy Storage System that came online in June 2025. Additionally, the gas segment earnings increased by $2.5 million for 2025, with gas retail therm deliveries rising approximately 14% compared to the prior year, primarily due to warmer-than-normal weather conditions in 2024.
🏷️ Themes
Earnings Reports, Renewable Energy, Utility Sector
📚 Related People & Topics
Renewable energy
Energy collected from renewable resources
Renewable energy (also called green energy) is energy made from renewable natural resources that are replenished on a human timescale. The most widely used renewable energy types are solar energy, wind power, and hydropower. Bioenergy and geothermal power are also significant in some countries.
MGE Energy
American utility holding company based in Madison, Wisconsin
MGE Energy: MGE Energy, Inc. (Nasdaq: MGEE) is a utility holding company based in Madison, Wisconsin. Its main subsidiary, Madison Gas and Electric Co., produces and distributes electricity and distributes natural gas.
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Nvidia, Salesforce earnings loom large - what’s moving markets Gold prices rebound on tariff jitters; silver, platinum and copper rally Nvidia set to report strong results and guidance, analysts say U.S. stock futures drift higher; Nvidia earnings to drive direction (South Africa Philippines Nigeria) MGE Energy beats revenue estimates despite earnings miss By Investing.com Editor Rachael Rajan Earnings Editor Rachael Rajan Published 02/25/2026, 07:35 AM MGE Energy beats revenue estimates despite earnings miss 0 MGEE 1.30% MADISON, Wis. - On Wednesday, MGE Energy Inc. (NASDAQ:MGEE) reported fourth-quarter earnings of $0.64 per share, missing analyst estimates of $0.66, while revenue of $189.55 million exceeded expectations. The utility company’s earnings rose to $23.3 million, or $0.64 per share, compared to $22.0 million, or $0.61 per share, in the same quarter last year. Revenue increased 10.6% YoY from $171.4 million. The company’s stock was up 1.62% in after-hours trading following the announcement, a modest gain that suggests investors focused on the revenue beat and strong YoY growth rather than the slight earnings miss. For the full year 2025, MGE Energy reported earnings of $135.9 million, or $3.72 per share, compared to $120.6 million, or $3.33 per share, in 2024. Full-year revenue reached $743.7 million, up from $676.9 million in the prior year. Electric segment earnings increased $11.3 million for 2025 compared to 2024, driven by the deployment of renewable energy projects. The Darien Solar Project in Rock and Walworth counties became operational in March 2025, followed by the Paris Battery Energy Storage System in June 2025. MGE owns 25 MW of solar capacity from the Darien Solar Project and 11 MW of battery capacity from the Paris BESS. Gas segment earnings increased $2.5 million for 2025 compared to 2024. During 2025, gas retail therm deliveries increased approximately 14% compared to the prior ye...
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