---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-121954"
form_type: "8-K"
ticker: "MGEE"
cik: "0001161728"
company_name: "MGE ENERGY INC"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:20:55.575751+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MGE Energy Q3 2024 EPS $1.13, up 7.6% YoY; electric earnings rise on rate base growth

## Summary
- GAAP net income $40.9M ($1.13/diluted EPS) vs $37.9M ($1.05) in Q3 2023.
- Electric net income increased $3.9M on higher rate base investments and lower fuel costs.
- Gas net income remained relatively flat compared to Q3 2023.
- Nine-month 2024 net income $98.5M ($2.72/diluted EPS) vs $97.6M ($2.70) in 2023.
- Operating revenues $168.5M vs $160.5M in Q3 2023.

## SEC filing metadata
- accession: 0000950170-24-121954
- form_type: 8-K
- ticker: MGEE
- cik: 0001161728
- company_name: MGE ENERGY INC
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1161728/000095017024121954/0000950170-24-121954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61339/000095017024121954/mgee-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-121954
- JSON: https://secwatch.observer/filing/0000950170-24-121954.json
- Plain text: https://secwatch.observer/filing/0000950170-24-121954.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.