ONEOK Q2 EPS $1.04 Beats $1.00 Estimate
Portfolio Pulse from Benzinga Newsdesk
ONEOK (NYSE:OKE) reported Q2 earnings of $1.04 per share, beating the analyst consensus estimate of $1.00 by 4 percent. This represents a 13.04 percent increase over earnings of $0.92 per share from the same period last year.
August 07, 2023 | 8:26 pm
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POSITIVE IMPACT
ONEOK's Q2 earnings beat analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
ONEOK's earnings beat the analyst consensus, which is typically a positive signal for the stock. Investors often react positively to earnings beats as they indicate the company is performing better than expected. This could potentially lead to an increase in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100