OGE Energy Corp reports results for the quarter ended in December - Earnings Summary

OGE Energy

23/02/2023 14:32

* OGE Energy Corp  OGE.N  reported quarterly adjusted
earnings of
25 cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for a loss of 3
cents per share.
    * Revenue rose 22.5% to $711.90 million from a year ago;
analysts
expected $1.02 billion. 
    * OGE Energy Corp's reported EPS for the quarter was 25
cents​.
    * The mean earnings estimate of analysts had risen by
about 71.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * OGE Energy Corp shares had fallen by 4.7% this quarter.
    * The company reported quarterly net income of $50.3
million.
    * Wall Street's median 12-month price target for OGE Energy
Corp
is $40.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.03          0.25           Beat
 Sep. 30 2022      1.18           1.31           Beat
 Jun. 30 2022      0.41           0.36           Missed
 Mar. 31 2022      0.24           1.39           Beat