Earnings Forecast Research on ONEOK, Inc. (OKE)

ONEOK, Inc. has received $0.47 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $0.45 while the top line estimate is $0.49 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 5.33%.

ONEOK, Inc. reported better than expected with a surprise EPS of 2.33% or $0.01 during its most recent quarterly earnings. The Actual EPS was $0.44 compared to the Estimated EPS of $0.43. Tulsa based ONEOK, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 27, 2017.

In the last quarter, ONEOK, Inc. reported Annual Earnings of $0.44. Based on the filings, last years Annual Earnings was, $1.51. In the last Quarter, OKE reported a surprise Earnings per Share of 2.33% . The consensus estimate for current quarter is $0.47 and for the current fiscal year, the estimate is $1.73. For the Next fiscal year, the estimate is $1.6 based on the consensus.

ONEOK, Inc. (NYSE:OKE) : On Tuesday heightened volatility was witnessed in ONEOK, Inc. (NYSE:OKE) which led to swings in the share price. The stock opened for trading at $54.18 and hit $55.25 on the upside , eventually ending the session at $55.11, with a gain of 2.49% or 1.34 points. The heightened volatility saw the trading volume jump to 1,999,308 shares. The 52-week high of the share price is $59.47 and the company has a market cap of $11,602 million. The 52-week low of the share price is at $18.88 .

ONEOK, Inc. is engaged in several aspects of the energy business. The company purchases, gathers, compresses, transports, stores, and distributes natural gas. It also leases pipeline capacity to others. The company drills for and produces oil and gas, extracts and sells natural gas liquids, and is engaged in the gas marketing business.


Share this post

Leave a Reply