OGE Energy (OGE) Tops Q2 EPS by 7c

OGE Energy (NYSE: OGE) reported Q2 EPS of $0.52, $0.07 better than the analyst estimate of $0.45. Revenue for the quarter came in at $586.4 million versus the consensus estimate of $563 million.

2017 Earnings Outlook

The Company’s 2017 OG&E earnings guidance remains unchanged at the low end of the earnings range of $1.58 to $1.70 per average diluted share based on the Oklahoma Corporation Commission rate order. OGE Energy consolidated earnings guidance for 2017 also remains unchanged and is projected to be at the lower end of the earnings range of $1.93 to $2.09 per average diluted share. More information regarding the Company’s 2017 earnings guidance is contained in the Company's 2016 Form 10-K and Form 10-Q for the quarter ended March 31, 2017 as filed with the Securities and Exchange Commission.

For earnings history and earnings-related data on OGE Energy (OGE) click here.

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