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OGE Energy (OGE) Q1 Earnings Lag Estimates, Revenues Rise Y/Y
OGEOGE Energy (OGE) Zacks Investment Research·2024-05-07 15:41

OGE Energy Corp. (OGE) shares rose 1.5% to reach 35.57onMay6followingthereleaseofitsfirst−quarter2024results.Thecompanyreportedfirst−quarter2024earningsof9centspershare,whichlaggedtheZacksConsensusEstimateof35centsby74.335.57 on May 6 following the release of its first-quarter 2024 results.The company reported first-quarter 2024 earnings of 9 cents per share, which lagged the Zacks Consensus Estimate of 35 cents by 74.3%. The figure also declined 52.6% from 19 cents per share recorded in the year-ago quarter.RevenuesOGE’s operating revenues of 596.8 million rose 7.1% from $557.2 million recorded in the prior-year quarter. However, the top line missed the Zacks Consensus Es ...