OGE Energy Corp. (NYSE:OGE) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
OGE Energy Corp. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 39.47% to $0.23 in the quarter versus EPS of $0.38 in the year-earlier quarter.
Revenue: Rose 7.22% to $901.4 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: OGE Energy Corp. reported adjusted EPS income of $0.23 per share. By that measure, the company missed the mean analyst estimate of $0.35. It beat the average revenue estimate of $0.
Quoting Management: There was no comment from the management.
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