MGE Energy (NASDAQ:MGEE) reported quarterly earnings of $1.14 per share which beat the analyst consensus estimate of $0.98 by 16.33 percent. This is a 22.58 percent increase over earnings of $0.93 per share from the same period last year. The company reported $218.97 million in sales this quarter. This is a 14.44 percent increase over sales of $191.34 million the same period last year.