ONEOK Inc. (OKE) announced a profit for its third quarter that Increased, from the same period last year and beat the Street estimates.
The company's bottom line came in at $939 million, or $1.49 per share. This compares with $692 million, or $1.18 per share, last year.
Analysts on average had expected the company to earn $1.45 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 71.9% to $8.634 billion from $5.023 billion last year.
ONEOK Inc. earnings at a glance (GAAP) :
-Earnings: $939 Mln. vs. $692 Mln. last year.-EPS: $1.49 vs. $1.18 last year.-Revenue: $8.634 Bln vs. $5.023 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.