OGE Energy (OGE) Q2 Earnings Lag Estimates, Revenues Rise Y/Y
OGE Energy (OGE) ZACKS·2024-08-08 14:31
OGE Energy Corp. (OGE) reported second-quarter 2024 earnings of 51 cents per share, which lagged the Zacks Consensus Estimate of 69 cents by 26.1%. The figure increased 15.9% from earnings of 44 cents per share in the year-ago quarter. Revenues OGE's operating revenues of $662.6 million rose 9.5% from $605 million recorded in the prior-year quarter. However, the top line missed the Zacks Consensus Estimate of $837.5 million by 20.9%. Operational Highlights Total sales were 8 million megawatt-hours (MWh), up ...