Oneok Earnings Preview: Get Ahead of the Analysts
Oneok (NYSE:OKE) will report earnings after markets close on Tuesday, April 30th. ONEOK, Inc. is a diversified energy company. The Company is involved in the natural gas and natural gas liquids business across the United States.
Here is your Cheat Sheet to Oneok Earnings:
Earnings Expectations: Analysts expect earnings of $0.59 per share on revenues of $3.75 billion. Currently, the company’s P/E ratio stands at 30.35.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.38 to a profit $0.32. For the current year, the average estimate is a profit of $1.81, which is worse than the estimate ninety days ago.
Here’s how Oneok has been performing on an annual basis:
|Revenue ($) in millions||16,160||11,110||12,680||14,810||12,630|
|Diluted EPS ($)||1.475||1.435||1.55||1.68||1.71|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||4,071||3,415||2,529||3,029||3,660|
|Diluted EPS ($)||0.5434||0.58||0.29||0.31||0.5331|
Oneok has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)