OGE Energy Corp (OGE, Financial) is set to release its Q3 2024 earnings on Nov 5, 2024. The consensus estimate for Q3 2024 revenue is $968.84 million, and the earnings are expected to come in at $1.12 per share. The full year 2024's revenue is expected to be $2.87 billion and the earnings are expected to be $2.14 per share. More detailed estimate data can be found on the Forecast page.
OGE Energy Corp (OGE, Financial) Estimates Trends
Revenue estimates for OGE Energy Corp (OGE) have declined from $2.90 billion to $2.87 billion for the full year 2024 and from $3.02 billion to $3.01 billion for 2025 over the past 90 days. Earnings estimates for OGE Energy Corp (OGE) have increased from $2.12 per share to $2.14 per share for the full year 2024 and from $2.27 per share to $2.28 per share for 2025 over the past 90 days.
OGE Energy Corp (OGE, Financial) Reported History
In the previous quarter of 2024-06-30, OGE Energy Corp's (OGE) actual revenue was $662.60 million, which missed analysts' revenue expectations of $751 million by -11.77%. OGE Energy Corp's (OGE) actual earnings were $0.51 per share, which beat analysts' earnings expectations of $0.462 per share by 10.39%. After releasing the results, OGE Energy Corp (OGE) was down by -0.53% in one day.
OGE Energy Corp (OGE, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 10 analysts, the average target price for OGE Energy Corp (OGE) is $40.70 with a high estimate of $47 and a low estimate of $35. The average target implies an upside of 2.62% from the current price of $39.66.
Based on GuruFocus estimates, the estimated GF Value for OGE Energy Corp (OGE, Financial) in one year is $34.36, suggesting a downside of -13.36% from the current price of $39.66.
Based on the consensus recommendation from 12 brokerage firms, OGE Energy Corp's (OGE, Financial) average brokerage recommendation is currently 2.8, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
