MGE Energy reports FY2022 EPS $3.07, up from $2.92; Q4 EPS $0.58 vs $0.36

MGE ENERGY INC

2022-FY EPS reported $3.07

Full-year net income $111.0M ($3.07 diluted EPS) vs $105.8M ($2.92) in 2021.
Q4 net income $21.1M ($0.58 diluted EPS) vs $13.1M ($0.36) a year ago.
Operating revenues $714.5M for FY 2022, up from $606.6M in 2021.
Gas retail therm deliveries rose ~15% YoY, driven by colder weather.
Badger Hollow II, Red Barn, and Paris renewable projects expected in 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

MGE ENERGY INC reported Three Months Ended December 31, 2022 results: revenue $ 189,833, net income $ 21,051, EPS $ 0.58.

Period: Three Months Ended December 31, 2022
Revenue: $ 189,833
Net income: $ 21,051
EPS: $ 0.58
Result: reported results

Exact text from the filing

Three Months Ended December 31, 2022 2021 Operating Revenues $ 189,833 $ 162,066 Operating Income $ 27,935 $ 17,249 Net Income $ 21,051 $ 13,060 Earnings Per Share - basic $ 0.58 $ 0.36 Earnings Per Share - diluted $ 0.58 $ 0.36

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

MGE ENERGY INC reported Year Ended December 31, 2022 results: revenue $ 714,519, net income $ 110,952, EPS $ 3.07.

Period: Year Ended December 31, 2022
Revenue: $ 714,519
Net income: $ 110,952
EPS: $ 3.07
Result: reported results

Exact text from the filing

Year Ended December 31, 2022 2021 Operating Revenues $ 714,519 $ 606,584 Operating Income $ 137,743 $ 117,294 Net Income $ 110,952 $ 105,761 Earnings Per Share - basic $ 3.07 $ 2.92 Earnings Per Share - diluted $ 3.07 $ 2.92

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

MGE ENERGY INC filing history →

Source: SEC EDGAR

accession 0000950170-23-003633

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