OGE Energy Q3 EPS $1.20; raises 2023 guidance to $2.02–$2.07 per share

OGE ENERGY CORP.

2023-Q3 EPS reported $1.83 revenue$2,107,600,000

Diluted EPS of $1.20 in Q3 2023 vs $1.31 in Q3 2022; prior year included $0.08 from midstream operations since exited.
OG&E contributed $1.22 per diluted share vs $1.26 in Q3 2022; decrease due to milder weather and higher depreciation/interest.
2023 consolidated EPS guidance raised to $2.02–$2.07 from $1.93–$2.07; OG&E guidance raised to $2.09–$2.13 from $1.99–$2.09.
Other operations loss of $0.02 per share improved from $0.03 loss in prior year on lower tax expense.
CEO cites strong operational execution and diversified community growth; no conservation calls needed despite hot summer.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OGE ENERGY CORP. reported the quarter ended September 30, 2023 results: net income $241.9 million, EPS $1.20 per diluted share. Guidance raised.

Period: the quarter ended September 30, 2023
Net income: $241.9 million
EPS: $1.20 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

On November 2, 2023, OGE Energy issued a press release announcing its consolidated financial results for the quarter ended September 30, 2023.

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Source: SEC EDGAR

accession 0000950170-23-057630

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