ONEOK Inc. (OKE) said that it now expects fiscal 2009 earnings to be in the range of $2.85 to $2.89 per share, slightly above the high end of the earlier earnings guidance of $2.65 to $2.85 per share.
On average, seven analysts polled by Thomson Reuters currently expect the company to earn $2.79 per share for fiscal 2009. Analysts estimates typically exclude special items.
For 2010, the company expects net earnings to be in the range of $300 million to $335 million.
Analysts currently expect earnings of $2.95 per share for fiscal 2010.
ONEOK Partners also announced that its 2009 results to be at the high end of the net income guidance range of $3.40 to $3.60 per unit provided earlier.
ONEOK Partners' 2010 net income is expected to be in the range of $450 million to $490 million.
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