NASDAQ$MGEE

Mge Energy Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

MGE Energy's first quarter earnings were reported with a decrease in EPS compared to the same period last year.

MGE Energy reported GAAP earnings of $34.4 million, or $0.95 per share, for the first quarter of 2022, compared to $34.9 million, or $0.97 per share, for the same period in the prior year.

  • First-quarter 2022 GAAP earnings were $34.4 million, or $0.95 per share.
  • Earnings decreased compared to $34.9 million, or $0.97 per share, for the same period in the prior year.
  • Colder weather led to an increase in gas retail sales of approximately 4% compared to the same period in the prior year.
  • Timing of 2021 depreciation and other operations and maintenance costs contributed to higher electric earnings in the first quarter of 2021.

Headline financials

Total Revenue

$209M

Previous: $168M+24.4%
EPS (adj)

$0.95

Previous: $0.97-2.1%
Capital Expenditures

$30.8M

Previous: $34.7M-11.4%
Free Cash Flow

$31.3M

Previous: $9.14M+242.8%
Net Income

$34.4M

Previous: $34.9M-1.5%
Operating Income

$41.9M

Previous: $39.1M+7.2%
Cash & Equivalents

$26.4M

Previous: $40.2M-34.5%
Total Assets

$2.38B

Previous: $2.27B+4.7%

Revenue & EPS history

MGEE · Revenue · Quarterly

$209M

Q1 2022+24.4%vs Q1 2021
Beat estimate in 10 of 11 quarters(91%)
ActualEstimate

Forward guidance

This press release contains forward-looking statements based on MGE Energy's current expectations, estimates and assumptions regarding future events, which are inherently uncertain.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.1%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+0.9%

Avg return

30 days after

48%

31 / 64 earnings

Positive

+7.2%

Q3 2024

Best reaction

-6.6%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+1.3%+0.6%-6.8%
Q3 2025+0.1%-0.0%-5.6%
Q1 2025+2.0%-1.2%-4.0%
Q4 2024+1.2%-1.3%-0.5%
Q3 2024+7.2%+16.9%+10.5%
Q1 2024+2.3%+2.3%-3.5%
Q4 2023-0.8%-2.7%+18.5%
Q3 2023+2.8%+0.2%+2.5%
Q2 2023-2.7%-3.5%-9.7%
Q1 2023+1.0%+0.6%-5.0%
Q4 2022+1.6%+0.5%+6.8%
Q3 2022-0.7%-1.5%+3.7%
Q2 2022+0.0%+1.0%-6.0%
Q1 2022-1.0%-0.1%-1.1%
Q4 2021-2.6%-0.3%+8.7%
Q3 2021+2.9%+1.4%-1.7%
Q2 2021+1.3%+0.7%+2.0%
Q1 2021+1.5%+0.2%+2.4%
Q4 2020-2.5%-1.7%+8.3%
Q3 2020-1.2%+8.0%+5.3%
Q2 2020+5.6%+4.6%+0.4%
Q1 2020+4.7%-1.5%+15.6%
Q4 2019-3.3%-4.6%-20.5%
Q3 2019-0.5%-1.9%+3.8%
Q2 2019+1.9%+0.5%+1.3%
Q1 2019-0.5%+2.4%+3.0%
Q4 2018-1.6%-2.7%-0.2%
Q3 2018+2.4%+2.1%+6.5%
Q2 2018-1.4%-0.7%+2.3%
Q1 2018-1.8%-2.1%-4.8%
Q4 2017+1.0%-4.1%-0.3%
Q3 2017-0.6%-2.0%-0.5%
Q2 2017-1.1%-1.9%-4.2%
Q1 2017+0.2%-0.6%+4.0%
Q4 2016+1.6%+1.6%-1.3%
Q3 2016+0.8%+3.2%+5.2%
Q2 2016+0.5%+0.2%-0.6%
Q1 2016-0.6%
Q4 2015-6.6%
Q3 2015-1.0%
Q2 2015+0.3%
Q1 2015-2.4%
Q4 2014-0.1%
Q3 2014-0.2%
Q2 2014-0.6%
Q1 2014-0.8%
Q4 2013+0.3%
Q3 2013+0.0%
Q2 2013+0.1%
Q1 2013+2.2%
Q4 2012+0.5%
Q3 2012-2.3%
Q2 2012+2.9%
Q1 2012-0.9%
Q4 2011-1.6%
Q3 2011-2.5%
Q2 2011-6.2%
Q1 2010+1.8%
Q1 2011+1.8%
Q4 2010-0.4%
Q4 2008-0.4%
Q3 2010+1.9%
Q2 2010-0.8%
Q4 2009-0.8%

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