OGE Energy OGE reported its Q1 earnings results on Thursday, May 4, 2023 at 06:18 AM.
Here's what investors need to know about the announcement.
Earnings
OGE Energy beat estimated earnings by 5.56%, reporting an EPS of $0.19 versus an estimate of $0.18.
Revenue was down $32.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.28 which was followed by a 0.64% drop in the share price the next day.
Here's a look at OGE Energy's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.03 | 1.18 | 0.38 | 0.24 |
| EPS Actual | 0.25 | 1.31 | 0.36 | 1.39 |
| Revenue Estimate | 1.02B | 734.70M | 494.05M | 1.14B |
| Revenue Actual | 711.90M | 1.27B | 803.70M | 589.30M |
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.03 | 1.18 | 0.38 | 0.24 |
| EPS Actual | 0.25 | 1.31 | 0.36 | 1.39 |
| Revenue Estimate | 1.02B | 734.70M | 494.05M | 1.14B |
| Revenue Actual | 711.90M | 1.27B | 803.70M | 589.30M |
To track all earnings releases for OGE Energy visit their earnings calendar here.
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Posted In: EarningsBZI-Recaps