OGE Energy Corp expected to post earnings of 46 cents a share - Earnings Preview

OGE Energy

05/08/2024 17:43

* OGE Energy Corp  OGE.N   OGE  is expected to show a rise
in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Oklahoma City Oklahoma-based  company is expected to
report
a 24.1% increase in revenue to $751 million from $605 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 46 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 10
"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 $36.00​, below​ its last closing price of $39.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.11        0.11       0.09      Missed  -20.6
 Dec. 31 2024  0.21        0.20       0.24      Beat    18.8
 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.        0.17        0.17       0.19      Beat    15.2
 31 2023                                                
 Jan. 1 0001   0.05        -0.03      0.25      Beat    1,032.
                                                        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
 This summary was machine generated August 5 at 16:43 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)