MGE: 4Q Earnings Snapshot
MGE: 4Q Earnings Snapshot
MADISON, Wis. (AP) _ MGE Energy Inc. (MGEE) on Friday reported fourth-quarter earnings of $16.4 million.
The Madison, Wisconsin-based company said it had profit of 47 cents per share.
The public utility holding company posted revenue of $140.1 million in the period.
For the year, the company reported profit of $84.2 million, or $2.43 per share. Revenue was reported as $559.8 million.
MGE shares have risen 11 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $66.48, a rise of 21 percent 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