OGE Energy (OGE) Tops Q1 EPS by 3c

OGE Energy (NYSE: OGE) reported Q1 EPS of $0.18, $0.03 better than the analyst estimate of $0.15. Revenue for the quarter came in at $456 million versus the consensus estimate of $444 million.

Guidance:

The Company projects 2017 OG&E earnings guidance to be at the low end of the earnings range of $1.58 to $1.70 per average diluted share based on the Oklahoma Corporation Commission rate order. OGE Energy consolidated earnings guidance for 2017 is now projected to be at the lower end of the earnings range of $1.93 to $2.09 per average diluted share. More information regarding the Company\'s 2017 earnings guidance is contained in the Company\'s 2016 Form 10-K and Form 10-Q for the quarter ended March 31, 2017 as filed with the Securities and Exchange Commission.

For earnings history and earnings-related data on OGE Energy (OGE) click here.

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