OGE Energy Corp expected to post earnings of 11 cents a share - Earnings Preview

OGE Energy

29/04/2024 16:46

* OGE Energy Corp  OGE.N   OGE  is expected to show a rise
in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Oklahoma City Oklahoma-based  company is expected to
report
a 25.1% increase in revenue to $697 million from $557.2 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for OGE Energy Corp is for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months. ​
    * Wall Street's median 12-month price target for OGE Energy
Corp
is $34.00​, above​ its last closing price of $33.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.21        0.20       0.24      Beat    18.8
 Jan. 1 2023   1.13        1.16       1.20      Beat    3.1
 Jun. 30 2023  0.45        0.45       0.44      Missed  -1.8​
 Mar. 31 2023  0.17        0.17       0.19      Beat    15.2
 ​​Dec.        0.05        -0.03      0.25      Beat    1,032.
 31 2022                                                8
 Sep. 30 2022  1.24        1.18       1.31      Beat    10.7​
 Jan. 1 0001   0.42        0.41       0.36      Missed  -11.4
 Jan. 1 0001   0.29        0.24       1.39      Beat    482.8
 This summary was machine generated April 29 at 15:46 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)