secwatch.observer — SEC 8-K summary
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Issuer:     MGE ENERGY INC (MGEE)
CIK:        0001161728
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0000950170-24-121954
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1161728/000095017024121954/0000950170-24-121954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61339/000095017024121954/mgee-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-121954

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