OGE Energy Corp reports results for the quarter ended June 30 - Earnings Summary
OGE Energy Corp reports results for the quarter ended June 30 - Earnings Summary
OGE Energy Corp OGE.N reported quarterly adjusted earnings of 56 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of eight analysts for the quarter was for earnings of 55 cents per share. Wall Street expected results to range from 54 cents to 57 cents per share.
Revenue fell 4% to $711.90 million from a year ago; analysts expected $775.40 million.
OGE Energy Corp's reported EPS for the quarter was 56 cents.
The company reported quarterly net income of $116.3 million.
OGE Energy Corp shares had risen by 1.3% this quarter and gained 15.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is "buy."
Wall Street's median 12-month price target for OGE Energy Corp is $51.00, about 3.3% above its last closing price of $49.30
This summary was machine generated from LSEG data July 29 at 04:02 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.55 | 0.56 | Beat |
Mar. 31 2026 | 0.25 | 0.24 | Missed |
Dec. 31 2025 | 0.32 | 0.34 | Beat |
Sep. 30 2025 | 1.14 | 1.14 | Met |
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