After beating estimates last quarter by $0.04, OGE Energy
What analysts say:
- Buy, sell, or hold?: Analysts strongly back OGE Energy, with five of eight rating it a buy and the remainder rating it a hold. Analysts don't like OGE Energy as much as competitor CMS Energy overall. While analysts still rate the stock a moderate buy, they are a little more optimistic about it compared to three months ago.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.35 per share.
What our community says:
CAPS All-Stars are strongly backing the stock, with 95% awarding it an "outperform" rating. Most of the community agrees with the All-Stars, with 90.8% granting it a rating of "outperform." Fools are bullish on OGE Energy, though the message boards have been quiet lately with only 44 posts in the past 30 days. Despite the majority sentiment in favor of OGE Energy, the stock has a middling CAPS rating of three out of five stars.
OGE Energy's profit has risen year-over-year by an average of 8.8% over the past five quarters. The company's revenue has now risen for two straight quarters.
For all our OGE Energy-specific analysis, including earnings and beyond, add OGE Energy to My Watchlist.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.Earnings estimates provided by Zacks.