ONEOK (OKE) Earnings and Revenues Miss Estimates in Q4

ONEOK Inc. (OKE) reported fourth-quarter 2023 operating earnings per share (EPS) of $1.18 per share, which lagged the Zacks Consensus Estimate of$1.21 per share by 2.4%. However, the bottom line improved 9.2% from the year-ago quarter’s figure of 1.08.OKE reported earnings of $5.48 per share for 2023 compared with$3.84 per share in 2022, which reflects a year-over-year increase of 42.7%.Total RevenuesOperating revenues for the quarter totaled $5.2 billion, which missed the Zacks Consensus Estimate of$5.5 ...