ONEOK Q3 2024 Adj EPS $1.18 Misses $1.23 Estimate
Portfolio Pulse from Benzinga Newsdesk
ONEOK reported Q3 2024 adjusted earnings per share of $1.18, missing the analyst consensus estimate of $1.23 by 4.07%.
October 29, 2024 | 8:20 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ONEOK's Q3 2024 earnings per share of $1.18 fell short of the expected $1.23, missing by 4.07%. This earnings miss could lead to a negative short-term impact on the stock price as it may affect investor sentiment.
The earnings miss of 4.07% is significant enough to potentially impact investor sentiment negatively. As earnings are a key driver of stock prices, missing estimates can lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100