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Stock impact report

Why Is OGE Energy (OGE) Up 1.9% Since Last Earnings Report? [Yahoo! Finance]

OGE Energy Corp (OGE) 
Last oge energy corp earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is OGE Energy due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. OGE Energy's Q3 Earnings Lag Estimates, Revenues Increase Y/Y OGE Energy reported third-quarter 2024 earnings of $1.09 per share, which lagged the Zacks Consensus Estimate of $1.12 by 2.7%. The figure also decreased 9.2% from earnings of $1.20 per share in the year-ago quarter. OGE's operating revenues of $965.4 million rose 2.1% from $945.4 million recorded in the prior-year quarter. However, the top line missed the Zacks Consensus Estimate of $1.12 billion by 13.4%. Total sales were 9.7 million megawatt-hours (MWh), up from 9.3 million MWh in the prior-year quarter. The company's customer count increased 1.2% to 904,900. During the third quarter, the cost of fuel, purc Show less Read more
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