OGE Energy Corp. Earnings Advance 65% In Q3

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

The company said its bottom line rose to $183.6 million, or $0.92 per share. This was higher than $111.2 million, or $0.55 per share, in last year's third quarter.

Analysts had expected the company to earn $0.93 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.3% to $743.9 million. This was up from $719.8 million last year.

OGE Energy Corp. earnings at a glance:

-Earnings (Q3): $183.6 Mln. vs. $111.2 Mln. last year. -Earnings Growth (Y-o-Y): 65.1% -EPS (Q3): $0.92 vs. $0.55 last year. -EPS Growth (Y-o-Y): 67.3% -Analysts Estimate: $0.93 -Revenue (Q3): $743.9 Mln vs. $719.8 Mln last year. -Revenue Change (Y-o-Y): 3.3%

-Guidance: Full year EPS guidance: $1.44 - $1.50