OGE Energy Corp. reports third quarter results

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OGE Energy (OGE) Misses Q3 EPS by 5c, Revenues Miss

November 5, 2020 7:51 AM EST

OGE Energy (NYSE: OGE) reported Q3 EPS of $1.04, $0.05 worse than the analyst estimate of $1.09. Revenue for the quarter came in at $702 million versus the consensus estimate of $753.83 million.

Further discussion of ongoing earnings and a reconciliation in accordance with GAAP is included below.

OG&E, a regulated electric utility, contributed earnings of $1.00 per share in the third quarter, compared with earnings of $1.13 per share in the third quarter last year.Natural Gas Midstream Operations contributed earnings of $0.05 per share compared with earnings of $0.14... More