OGE Energy Corp. Announces Advance In Q3 Earnings

(RTTNews) - OGE Energy Corp. (OGE) reported a profit for its third quarter that advanced from last year.

The company's earnings totaled $205.1 million, or $1.02 per share. This compares with $183.4 million, or $0.92 per share, in last year's third quarter.

Analysts had expected the company to earn $0.94 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.5% to $698.8 million from $716.8 million last year.

OGE Energy Corp. earnings at a glance:

-Earnings (Q3): $205.1 Mln. vs. $183.4 Mln. last year. -EPS (Q3): $1.02 vs. $0.92 last year. -Analysts Estimate: $0.94 -Revenue (Q3): $698.8 Mln vs. $716.8 Mln last year.

-Guidance: Full year EPS guidance: $1.59 - $1.61