secwatch.observer — SEC 8-K summary
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Issuer:     MGE ENERGY INC (MGEE)
CIK:        0001161728
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000950170-24-055188
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MGE Energy Q1 2024 EPS $0.93 vs $0.86 YoY; net income $33.8M
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- GAAP EPS $0.93, up 8% from $0.86 in Q1 2023; net income $33.8M vs $31.1M.
- Operating revenues $191.3M, down 12% from $217.3M due to lower gas revenues.
- Operating income $40.7M, up slightly from $40.0M on higher electric rate base investments.
- Electric net income increased $2.5M; gas net income relatively flat despite warm February.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1161728/000095017024055188/0000950170-24-055188-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61339/000095017024055188/mgee-20240508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-055188

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer