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OGE Energy Affirms FY24 GAAP EPS Guidance of $2.06-$2.18 vs $2.12 Estimate

Author: Benzinga Newsdesk | August 07, 2024 06:11am

2024 Outlook

OGE Energy's 2024 consolidated earnings guidance is reaffirmed and remains projected to be within a range of $2.06 to $ 2.18 per average diluted share. Due to strong load growth and warmer than normal weather in the first half of 2024, OGE Energy’s consolidated earnings are expected to be in the top half of its 2024 earnings guidance range. The guidance assumes, among other things, approximately 201.5 million average diluted shares outstanding and normal weather for the remainder of the year. OG&E has significant seasonality in its earnings due to weather on a year over year basis. See OGE Energy’s 2023 Form 10-K for other key factors and assumptions underlying its 2024 guidance.

Posted In: OGE

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