ONEOK Inc. Reports Increase In Q4 Profit, but misses estimates

ONEOK Inc. (OKE) reported earnings for its fourth quarter that increased from last year but missed the Street estimates.

The company's earnings came in at $379.4 million, or $0.85 per share. This compares with $308.0 million, or $0.69 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.89 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

ONEOK Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $379.4 Mln. vs. $308.0 Mln. last year.
-EPS (Q4): $0.85 vs. $0.69 last year.
-Analyst Estimate: $0.89

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