WASHINGTON (dpa-AFX) - OGE Energy Corp. (OGE) announced earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $101.9 million, or $0.50 per share. This compares with $48.2 million, or $0.24 per share, last year.
Analysts on average had expected the company to earn $0.49 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 34.2% to $760.5 million from $566.7 million last year.
OGE Energy Corp. earnings at a glance (GAAP) :
-Earnings: $101.9 Mln. vs. $48.2 Mln. last year. -EPS: $0.50 vs. $0.24 last year. -Revenue: $760.5 Mln vs. $566.7 Mln last year.
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