MGE (MGEE) Lags Q3 Earnings Estimates
Portfolio Pulse from
MGE (MGEE) reported Q3 earnings of $1.13 per share, missing the Zacks Consensus Estimate of $1.17. This is an increase from $1.05 per share a year ago.
November 06, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
MGE reported Q3 earnings of $1.13 per share, missing the Zacks Consensus Estimate of $1.17. Despite the miss, earnings increased from $1.05 per share a year ago.
MGE's earnings per share missed analyst expectations, which is typically viewed negatively by investors and could lead to a short-term decrease in stock price. However, the year-over-year increase in earnings per share may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100