ONEOK
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict ONEOK's revenues will shrink -7.4% and EPS will increase 10.3%.
The average estimate for revenue is $3.33 billion. On the bottom line, the average EPS estimate is $0.32.
Revenue details
Last quarter, ONEOK reported revenue of $2.53 billion. GAAP reported sales were 27% lower than the prior-year quarter's $3.44 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $0.29. GAAP EPS of $0.29 for Q2 were 16% higher than the prior-year quarter's $0.25 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 13.6%, 430 basis points better than the prior-year quarter. Operating margin was 9.2%, 290 basis points better than the prior-year quarter. Net margin was 2.4%, 80 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $12.66 billion. The average EPS estimate is $1.69.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 414 members out of 430 rating the stock outperform, and 16 members rating it underperform. Among 146 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 141 give ONEOK a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ONEOK is outperform, with an average price target of $46.90.
Can your retirement portfolio provide you with enough income to last? You'll need more than ONEOK. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.
- Add ONEOK to My Watchlist.
