MGE Energy

Q3 FY2026 EarningsQ3 FY26 results delivered a significant beat against analyst consensus across all major profitability metrics. Diluted EPS of $1.48 outperformed the $1.18 mean estimate by 25.4%, primarily driven by robust Electric Utility performance and a substantial $17.0M contribution from 'Other Income,' which included one-time venture capital investment gains and increased AFUDC equity. Revenue of $190.4M beat expectations of $184.6M, representing an 8.4% YoY increase, supported by higher authorized rates and favorable weather-driven residential demand.