ONEOK Raises FY24 Net Income From $2.61B-$3.01B To $2.73B-$3.03B
Portfolio Pulse from Benzinga Newsdesk
ONEOK has updated its FY24 net income forecast, raising the range from $2.61 billion-$3.01 billion to $2.73 billion-$3.03 billion.
April 30, 2024 | 8:20 pm
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ONEOK has increased its FY24 net income guidance, indicating stronger financial performance than previously anticipated.
Raising the net income forecast typically signals a company's confidence in its future financial performance, which can positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100