MGE Energy (MGEE) Reports Q1 EPS of $0.53

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MGE Energy Reports First-Quarter Earnings

May 7, 2015 3:28 PM EDT

MADISON, Wis.--(BUSINESS WIRE)-- MGE Energy, Inc. (Nasdaq: MGEE) today reported earnings for the three months ended March 31, 2015, of $18.3 million, or 53 cents per share, compared to $27.7 million, or 80 cents per share, for the same period in the prior year.

During the first quarter of 2015, gas net income decreased due to a 20.7% decrease in gas retail sales reflecting lower customer... More