ONEOK Inc. Reports Climb In Q1 Income, but misses estimates

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

The company's earnings totaled $391.2 million, or $0.87 per share. This compares with $386.2 million, or $0.86 per share, in last year's first 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 (Q1): $391.2 Mln. vs. $386.2 Mln. last year.
-EPS (Q1): $0.87 vs. $0.86 last year.
-Analyst Estimate: $0.89

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