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

OGE Energy

03/11/2022 13:32

* OGE Energy Corp  OGE.N  reported quarterly adjusted
earnings of
$1.31​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for earnings
of $1.18 per share.
    * Revenue rose 47% to $1.27 billion from a year ago;
analysts
expected $734.70 million. 
    * OGE Energy Corp's reported EPS for the quarter was $1.31​.
    * The mean earnings estimate of analysts had risen by
about 7.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * OGE Energy Corp shares had fallen by 0.1% this quarter and
lost 5.1% so far this year.
    * The company reported quarterly net income of $262.8
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 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 01:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.18           1.31           Beat
 Jun. 30 2022      0.41           0.36           Missed
 Mar. 31 2022      0.24           1.39           Beat
 Dec. 31 2021      0.26           0.27           Beat