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MGE Energy reports Q4 EPS 55c vs. 58c last year
The Fly

MGE Energy reports Q4 EPS 55c vs. 58c last year

Reports Q4 operating revenue $164.65M vs. $189.83M last year. Gas net income decreased $1.9M in the fourth quarter of 2023 compared to the same period in the prior year as a result of lower gas sales. During the fourth quarter of 2023, gas retail therm deliveries decreased approximately 15% compared to the fourth quarter of 2022, primarily due to warmer-than-normal weather in 2023.

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