ONEOK Q1 2024 GAAP EPS $1.09 Misses $1.14 Estimate
Portfolio Pulse from Benzinga Newsdesk
ONEOK (NYSE:OKE) reported its Q1 2024 earnings with a GAAP EPS of $1.09, missing the consensus estimate of $1.14 by 4.39%.
April 30, 2024 | 8:17 pm
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ONEOK reported Q1 2024 earnings with a GAAP EPS of $1.09, missing the consensus estimate of $1.14 by 4.39%.
Missing the consensus earnings estimate typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. The 4.39% miss is significant enough to impact investor confidence.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100