OGE Energy (OGE) Reports Q4 EPS of $1.48, Miss on Revenues
OGE Energy (NYSE: OGE) reported Q4 EPS of $1.48, versus $0.28 reported last year. Revenue for the quarter came in at $501.9 million versus the consensus estimate of $531.39 million.
2018 Outlook
OG&E is projected to earn $1.43 to $1.53 per average diluted share. The Company projects the earnings contribution from its ownership interest in Enable Midstream to be approximately $0.48 to $0.52 per average diluted share. Additionally, OGE Energy consolidated earnings guidance for 2018 is $1.90 to $2.05 per average diluted share. The guidance assumes approximately 200 million average diluted shares outstanding and normal weather for the year. More information regarding the Company\'s 2018 earnings guidance and the Company\'s 2017 financial results is contained in the Company\'s Form 10-K filed with the Securities and Exchange Commission.
GUIDANCE:
OGE Energy sees FY2018 EPS of $1.90-$2.05.
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