Every material Form 8-K MGE Energy filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
MGE Energy reported third-quarter 2024 GAAP earnings of $40.9 million, or $1.13 per share, up from $37.9 million, or $1.05 per share, a year earlier, on operating revenues of $168.5 million versus $160.5 million. The company said higher electric investments in rate base and lower fuel costs drove the electric earnings gain, while gas net income was flat. For shareholders, the quarter shows higher profit, though nine-month operating revenues declined to $505.5 million from $525.8 million.
Q3 2024 GAAP net income was $40.9 million, or $1.13 per diluted share, versus $37.9 million, or $1.05, in Q3 2023.
Q3 2024 operating revenues were $168.5 million, up from $160.5 million; operating income was $48.1 million versus $43.8 million.
Electric net income rose $3.9 million, driven by electric investments in rate base and lower fuel costs; gas net income was relatively flat.
For the nine months ended September 30, 2024, EPS was $2.72 versus $2.70, while operating revenues were $505.5 million versus $525.8 million.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every MGE Energy filing is on SEC EDGAR ↗. 8-K briefs of other companies →