MGE Energy Shares Lower After Q2 Results

MT Newswires Live

08/05

MGE Energy (MGEE) shares were down about 1% in early Wednesday trading after the company reported its Q2 results.

Earlier, the company posted Q2 earnings of $0.89 per diluted share, up from $0.72 a year earlier.

An analyst polled by FactSet expected $0.77.

Operating revenue for the quarter ended June 30 was $161.2 million, compared with $159.5 million a year earlier.

Price: 79.00, Change: -0.91, Percent Change: -1.13

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