OGE Energy Corp expected to post earnings of 20 cents a share - Earnings Preview

OGE Energy

19/02/2024 14:40

* OGE Energy Corp  OGE.N   OGE  is expected to show a rise
in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Oklahoma City Oklahoma-based  company is expected to
report
a 74.5% increase in revenue to $1.242 billion from $711.9
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 20 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "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 $35.00​, above​ its last closing price of $33.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 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. 31 2022  0.05        -0.03      0.25      Beat    1,032.
                                                        8
 ​​Sep.        1.24        1.18       1.31      Beat    10.7
 30 2022                                                
 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
 This summary was machine generated February 19 at 14:39 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)