secwatch.observer — SEC 8-K summary
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Issuer:     MGE ENERGY INC (MGEE)
CIK:        0001161728
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0000950170-24-092429
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MGE Energy Q2 EPS $0.66 vs $0.79 YoY; net income down 17%
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- GAAP EPS $0.66, down from $0.79; net income $23.8M vs $28.7M.
- Electric net income fell $6.0M on higher fuel costs and weather.
- Electric residential sales down ~4%; gas retail sales down ~10%.
- Company cites continued benefit from increase in rate base investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1161728/000095017024092429/0000950170-24-092429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61339/000095017024092429/mgee-20240807.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-092429

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