OGE Energy Corp expected to post earnings of 19  cents a share - Earnings Preview

OGE Energy

02/05/2023 19:38

* OGE Energy Corp  OGE.N   OGE  is expected to show a fall
in
quarterly revenue when it reports  results on May 4. 
    * The Oklahoma City Oklahoma-based  company is expected to
report 
a 5.5% decrease in revenue to $556.82 million from $589.3
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for OGE Energy Corp is
for
earnings of 19 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for OGE Energy
Corp
is $39​, above​ its last closing price of $37.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.05        -0.03      0.25      Beat    1,032.
                                                        8
 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.        0.30        0.26       0.27      Beat    2.4
 31 2021                                                
 Sep. 30 2021  1.20        1.19       1.26      Beat    5.9​
 Jun. 30 2021  0.52        0.52       0.56      Beat    6.9
 Mar. 31 2021  0.21        0.21       0.26      Beat    23.1
 This summary was machine generated May 2 at 18:38 GMT.  All
figures in US dollars  unless otherwise stated