OGE Energy Corp. (OGE) reported earnings for its third quarter that increased from the same period last year.
The company's earnings came in at $250.9 million, or $1.25 per share. This compares with $205.1 million, or $1.02 per share, in last year's third quarter.
Analysts had expected the company to earn $1.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 8.1% to $755.4 million from $698.8 million last year.
OGE Energy Corp. earnings at a glance:
-Earnings (Q3): $250.9 Mln. vs. $205.1 Mln. last year.
-EPS (Q3): $1.25 vs. $1.02 last year.
-Analysts Estimate: $1.11
-Revenue (Q3): $755.4 Mln vs. $698.8 Mln last year.
-Guidance:
Full year EPS guidance: $2.24 - $2.30
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