OGE Energy Corp expected to post earnings of $1.12 a share - Earnings Preview

OGE Energy

01/11/2024 14:00

* OGE Energy Corp  OGE.N   OGE  is expected to show a rise
in
quarterly revenue when it reports  results on November 5 for the
period ending January 1 0001
    * The Oklahoma City Oklahoma-based  company is expected to
report
a 2.5% increase in revenue to $968.84 million from $945.4
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for OGE Energy Corp is for
earnings of $1.12 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 11
"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 $41.00​, above​ its last closing price of $39.99. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.45        0.46       0.51      Beat    11.3
 Jan. 1 0001   0.11        0.11       0.09      Missed  -20.6
 Jan. 1 0001   0.21        0.20       0.24      Beat    ​
 Sep. 30 2023  1.13        1.16       1.20      Beat    3.1
 ​​Jun.        0.45        0.45       0.44      Missed  -1.8
 30 2023                                                
 Jan. 1 0001   0.17        0.17       0.19      Beat    15.2​
 Dec. 31 2022  0.05        -0.03      0.25      Beat    1,032.
                                                        8
 Jan. 1 0001   1.24        1.18       1.31      Beat    10.7
 This summary was machine generated November 1 at 13:59 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)