ONEOK (NYSE: OKE) is set to announce its financial results for the second quarter of 2024 on Monday 5th August 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
According to financial analysts on Wall Street, the business is likely to announce an estimated per share $1.20 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $6.08 billion during this period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $23.13 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $5 over the course of the fiscal year.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $1.04. Moreover, the company generated a total revenue of $3732 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $1.09 | -53.4% | 4.78 B | +5.8% |
| Q4 2023 | $1.18 | +9.3% | 5.24 B | +4.0% |
| Q3 2023 | $0.99 | +3.1% | 4.19 B | -29.2% |
| Q2 2023 | $1.04 | +13.0% | 3.73 B | -37.8% |
*Growth on year-over-year basis
Additionally, The company will host a conference call with investors and analysts on 6th August 2024 at 11:00 AM eastern time to review the Q2 2024 financial results.
ONEOK (OKE) closed Friday's regular trading session at $80.17, showing a 2.3 percent drop. The stock fluctuated between $78.95 and $81.48 during the day, with a volume of 3.38 million shares.
