OGE Energy Corp expected to post a loss of 3 cents a share - Earnings Preview

OGE Energy

21/02/2023 15:16

* OGE Energy Corp  OGE.N   OGE  is expected to show a rise
in
quarterly revenue when it reports  results on February 23. 
    * The Oklahoma City Oklahoma-based  company is expected to
report 
a 75.7% increase in revenue to $1.021 billion from $581.3
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for OGE Energy Corp is
for a
loss of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for OGE Energy
Corp
is $40​, above​ its last closing price of $38.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.24        1.18       1.31      Beat    10.7
 Jun. 30 2022  0.42        0.41       0.36      Missed  -11.4
 Mar. 31 2022  0.29        0.24       1.39      Beat    482.8​
 Dec. 31 2021  0.30        0.26       0.27      Beat    2.4
 ​​Sep.        1.20        1.19       1.26      Beat    5.9
 30 2021                                                
 Jun. 30 2021  0.52        0.52       0.56      Beat    6.9​
 Mar. 31 2021  0.21        0.21       0.26      Beat    23.1
 Dec. 31 2020  0.26        0.27       0.31      Beat    13
 This summary was machine generated February 21 at 15:16 GMT. 
All figures in US dollars  unless otherwise stated