ONEOK Q4 EPS $1.18 Misses $1.20 Estimate
Portfolio Pulse from Happy Mohamed
ONEOK (NYSE:OKE) reported Q4 earnings of $1.18 per share, missing the consensus estimate of $1.20 by 1.67%. This represents a 9.26% increase over the same period last year.
February 26, 2024 | 9:16 pm
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NEUTRAL IMPACT
ONEOK reported Q4 earnings of $1.18 per share, missing estimates by 1.67% but showing a 9.26% increase from last year.
The slight miss in earnings estimates may cause short-term negative sentiment among investors. However, the year-over-year growth in earnings could offset some of the negative impact, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100