MGE Energy full-year 2024 EPS $3.33, up from $3.25; net income $120.6M

MGE ENERGY INC

2024-FY EPS reported $3.33

Full-year net income $120.6M vs $117.7M in 2023; diluted EPS $3.33 vs $3.25.
Q4 2024 net income $22.0M ($0.61 EPS) vs $20.1M ($0.55 EPS) a year ago.
Full-year operating revenues $676.9M, down from $690.4M in 2023.
Electric earnings rose on increased rate-base investments; Paris solar project completed Dec 2024.
Gas retail therm deliveries fell ~4% in 2024, driven by warmer weather.

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