ONEOK Inc. Earnings Rise 18% In Q3

(RTTNews) - ONEOK Inc. (OKE) revealed a profit for its third quarter that climbed compared to the same period last year.

The company said its bottom line advanced to $194.79 million, or $0.44 per share. This was up from $164.70 million, or $0.41 per share, in last year's third quarter.

Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 24.2% to $2.36 billion. This was up from $1.90 billion last year.

ONEOK Inc. earnings at a glance:

-Earnings (Q3): $194.79 Mln. vs. $164.70 Mln. last year. -Earnings Growth (Y-o-Y): 18.3% -EPS (Q3): $0.44 vs. $0.41 last year. -EPS Growth (Y-o-Y): 7.3% -Analysts Estimate: $0.44 -Revenue (Q3): $2.36 Bln vs. $1.90 Bln last year. -Revenue Change (Y-o-Y): 24.2%