MGE: 4Q Earnings Snapshot

February 27, 2020 GMT

MADISON, Wis. (AP) _ MGE Energy Inc. (MGEE) on Wednesday reported fourth-quarter net income of $16.7 million.

The Madison, Wisconsin-based company said it had profit of 48 cents per share.

The public utility holding company posted revenue of $140.9 million in the period.

For the year, the company reported profit of $86.9 million, or $2.51 per share. Revenue was reported as $568.9 million.

MGE shares have decreased almost 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $77.34, a rise of 20% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGEE at https://www.zacks.com/ap/MGEE