OGE Energy Corp. (OGE) announced earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $62.7 million, or $0.31 per share. This compares with $18.6 million, or $0.09 per share, last year.
Analysts on average had expected the company to earn $0.22 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 25.3% to $747.7 million from $596.8 million last year.
OGE Energy Corp. earnings at a glance (GAAP) :
-Earnings: $62.7 Mln. vs. $18.6 Mln. last year.-EPS: $0.31 vs. $0.09 last year.-Revenue: $747.7 Mln vs. $596.8 Mln last year.
Looking ahead, for the full year, the company said: “OGE Energy's 2025 consolidated earnings guidance remains unchanged and is projected to be $2.27 per average diluted share, within a range of $2.21 to $ 2.33 per average diluted share. The guidance assumes, among other things, approximately 202.1 million average diluted shares outstanding and normal weather for the remainder of the year. OG&E has significant seasonality in its earnings due to weather on a year over year basis.”
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.