MGE Energy (NASDAQ:MGEE) reported quarterly earnings of $1.32 per share which beat the analyst consensus estimate of $1.13 by 16.81 percent. This is a 15.79 percent increase over earnings of $1.14 per share from the same period last year. The company reported quarterly sales of $242.703 million which beat the analyst consensus estimate of $45.412 million by 434.45 percent. This is a 10.84 percent increase over sales of $218.970 million the same period last year.