MGE Energy (NASDAQ:MGEE) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.76 by 17.11 percent. This is a 23.61 percent increase over earnings of $0.72 per share from the same period last year. The company reported quarterly sales of $161.195 million which beat the analyst consensus estimate of $33.124 million by 386.64 percent. This is a 1.09 percent increase over sales of $159.452 million the same period last year.