U.S. Markets open in 1 hr 3 mins

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