MGE has reported third quarterly earnings of $1.48 per share, beating estimates. This compares to earnings of $1.22 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +27.59 percent. A quarter ago, it was expected that this public utility holding company would post earnings of $0.77 per share when it actually produced earnings of $0.89, delivering a surprise of +15.58 percent. Over the last four quarters, the company has surpassed consensus EPS estimates three times.

MGE posted revenues of $190.4 million for the quarter ended September 2026, surpassing estimates by 4.81 percent. This compares to year-ago revenues of $175.68 million. The company has topped consensus revenue estimates three times over the last four quarters.