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Dec 31, 2021
MGEE Q4 2021 Earnings Report
MGE Energy's Q4 2021 earnings decreased due to lower gas retail sales, while full-year earnings increased driven by investments in rate base and economic recovery.
Key Takeaways
MGE Energy reported GAAP earnings of $13.1 million, or 36 cents per share, for the fourth quarter of 2021, compared to $15.8 million, or 44 cents per share, for the same period in the prior year. The decrease was primarily attributable to lower gas retail sales. Full year 2021 GAAP earnings were $105.8 million, or $2.92 per share, compared to $92.4 million, or $2.60 per share, for the same period in the prior year.
Q4 2021 GAAP earnings were $13.1 million, or 36 cents per share.
Full year 2021 GAAP earnings were $105.8 million, or $2.92 per share.
The decrease in Q4 earnings was primarily due to lower gas retail sales.
Full year earnings increase was driven by investments in rate base and economic recovery.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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