ONEOK (OKE) Q1 Earnings & Revenues Fall Shy of Estimates

ONEOK Inc. (OKE) reported first-quarter 2024 operating earnings per share (EPS) of $1.09, which missed the Zacks Consensus Estimate of$1.13 by 3.5%. The bottom line also declined 53.4% from the year-ago quarter’s figure of $2.34.Total RevenuesOperating revenues for the quarter totaled$4.78 billion, which missed the Zacks Consensus Estimate of $5.84 billion by 18.2$4.52 billion in the prior-year quarter. Highlights of the ReleaseAdjusted EBITDA came in at $1.44 b ...