ONEOK Q4 Earnings Preview

Don't be caught off-guard: ONEOK OKE releases its next round of earnings Monday.

Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for today's Q4 earnings announcement after the bell.

Earnings and Revenue

Based on ONEOK management projections, analysts predict EPS of 52 cents per share on revenue of $3.52 billion.

ONEOK earnings in the same period a year ago were 43 cents per share. Quarterly sales came in at $2.65 billion. The Wall Street estimate would represent a 20.93 percent increase in the company's earnings. Revenue would be up 32.63 percent on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.47 0.4 0.44 0.46
EPS Actual 0.46 0.33 0.41 0.43

 

Stock Performance

Over the last 52-week period, shares are up 6.19 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on ONEOK stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

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