OGE Energy Corp expected to post earnings of 45  cents a share - Earnings Preview

OGE Energy

07/08/2023 19:33

* OGE Energy Corp  OGE.N   OGE  is expected to show a fall
in
quarterly revenue when it reports  results on August 9. 
    * The Oklahoma City Oklahoma-based  company is expected to
report 
a 2.4% decrease in revenue to $784.27 million from $803.7
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 45 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 $34.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.17        0.17       0.19      Beat    15.2
 Dec. 31 2023  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.        0.29        0.24       1.39      Beat    482.8
 31 2022                                                
 Dec. 31 2021  0.30        0.26       0.27      Beat    2.4​
 Sep. 30 2021  1.20        1.19       1.26      Beat    5.9
 Jun. 30 2021  0.52        0.52       0.56      Beat    6.9
 This summary was machine generated August 7 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated