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OGE Energy: Q2 Earnings Snapshot
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OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — OGE Energy Corp. (OGE) on Wednesday reported second-quarter net income of $116.3 million.

On a per-share basis, the Oklahoma City-based company said it had net income of 56 cents.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.

The energy services company posted revenue of $711.9 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $781.1 million.

OGE Energy expects full-year earnings to be $2.38 to $2.48 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OGE at https://www.zacks.com/ap/OGE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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