ONEOK (OKE) Q1 Earnings & Revenues Fall Shy of Estimates
OKEONEOK(OKE) Zacks Investment Research·2024-05-01 21:31

ONEOK Inc. (OKE) reported first-quarter 2024 operating earnings per share (EPS) of 1.09,whichmissedtheZacksConsensusEstimateof1.09, which missed the Zacks Consensus Estimate of 1.13 by 3.5%. The bottom line also declined 53.4% from the year-ago quarter’s figure of 2.34.TotalRevenuesOperatingrevenuesforthequartertotaled2.34. Total Revenues Operating revenues for the quarter totaled 4.78 billion, which missed the Zacks Consensus Estimate of 5.84billionby18.25.84 billion by 18.2%. However, the top line improved 5.8% from 4.52 billion in the prior-year quarter. Highlights of the Release Adjusted EBITDA came in at $1.4 ...