ONEOK (NYSE:OKE) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
ONEOK missed estimated earnings by 2.25%, reporting an EPS of $0.87 versus an estimate of $0.89.
Revenue was up $2.25 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 2.27% drop in the share price the next day.
Here’s a look at ONEOK’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.89 | 0.82 | 0.75 | 0.76 |
| EPS Actual | 0.85 | 0.88 | 0.77 | 0.86 |
| Revenue Estimate | 4.34B | 3.72B | 2.98B | 2.78B |
| Revenue Actual | 5.42B | 4.54B | 3.39B | 3.19B |
To track all earnings releases for ONEOK visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
