OGE

It has been about a month since the last earnings report for OGE Energy (OGE). Shares have lost about 2.6% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is OGE Energy due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. OGE Energy’s Q2 Earnings Miss Estimates, Revenues Decline Y/YThe company reported second-quarter 2026 earnings of 56 cents per share, up 5.7% from 53 cents in the year-ago period. The bottom line missed the Zacks Consensus Estimate of 57 cents by 1.8%. OGE’s operating revenues of $711.9 million decreased 4% from $741.6 million recorded in the prior-year quarter. The top line missed the Zacks Consensus Estimate of $781 million by 8.8%. Total sales in the reported quarter were 8.8 million megawatt-hours (MWh), up from 8.1 million MWh in the prior-year quarter. The company’s customer count rose 0.9% to 917,157.In the second quarter of 2026, the cost of fuel, purchased power and direct transmission decreased 16.6% to $217.7 million from $261.1 million in the prior year.Total operating expenses in the second quarter of 2026 rose 3% to $302.6 million, primarily driven by higher other operation and maintenance expenses.Operating income totaled $191.6 million in the second quarter of 2026, up 2.7% from the year-ago level of $186.6 million. As of June 30, 2026, OGE Energy had cash and cash equivalents of $0.9 million compared with $0.2 million reported at the end of 2025.Long-term debt stood at $5.60 billion as of June 30, 2026, compared with $5.37 billion as of Dec. 31, 2025.During the first six months of 2026, OGE generated cash from operating activities worth $511.4 million compared with the year-ago figure of $354.5 million. The company still expects to generate earnings in the range of $2.38-$2.48 per share. The Zacks Consensus Estimate is pegged at $2.42, which is just below the midpoint of the company’s guided range. In the past month, investors have witnessed a flat trend in estimates revision. Currently, OGE Energy has a average Growth Score of C, however its Momentum Score is doing a bit better with a B. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for value investors. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. OGE Energy has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months. OGE Energy belongs to the Zacks Utility - Electric Power industry. Another stock from the same industry, PG&E (PCG), has gained 1% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026. PG&E reported revenues of $5.9 billion in the last reported quarter, representing a year-over-year change of +0.1%. EPS of $0.40 for the same period compares with $0.31 a year ago. PG&E is expected to post earnings of $0.46 per share for the current quarter, representing a year-over-year change of -8%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. PG&E has a Zacks Rank #4 (Sell) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report OGE Energy Corporation (OGE) : Free Stock Analysis Report Pacific Gas & Electric Co. (PCG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in OGE Energy Corporation? Here are five stocks we like better. OGE Energy’s Q2 net income rose to approximately $116 million, or $0.56 per diluted share, from $108 million a year earlier. Management reaffirmed full-year earnings guidance of $2.38 to $2.48 per share. Electricity demand remains strong, with customer growth near 1% and a record peak demand exceeding 6,800 MW, although two large customers delayed portions of their planned load ramp. OGE is expanding capacity and protecting existing customers as large-load demand grows, including a proposed tariff requiring major customers to fund grid connections, commit for at least 15 years and provide consumer protections. The company expects to add 550 MW in 2026 and another 300 MW in 2027. Breakout Momentum Plays You Need to Know About OGE Energy (NYSE:OGE) reported second-quarter 2026 consolidated net income of approximately $116 million, or $0.56 per diluted share, compared with $108 million, or $0.53 per share, in the same quarter a year earlier. The company reaffirmed its full-year consolidated earnings guidance of $2.38 to $2.48 per share, with a midpoint of $2.43. Chairman, President and CEO Sean Trauschke said the company is advancing regulatory filings, capacity additions and customer negotiations intended to support growing electricity demand while protecting existing customers from added costs. → Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? Chief Financial Officer Chuck Walworth said the company’s electric utility business generated net income of about $120 million, or $0.58 per diluted share, up from $108 million, or $0.53 per share, a year earlier. The increase was primarily driven by warmer second-quarter weather and lower depreciation and interest expense on assets placed in service, partly offset by higher operations and maintenance expense. The holding company recorded a loss of approximately $4 million, or $0.02 per diluted share, compared with a loss of less than $1 million in the prior-year period. Walworth attributed the larger loss primarily to higher interest expense and the absence of a one-time benefit tied to legacy midstream operations that was recognized in 2025. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Walworth said stronger weather during the second quarter offset part of the weather-related headwind experienced in the first quarter. He added that nearly 70% of expected annual earnings remain ahead of the company. The utility continues to see customer growth of approximately 1% and strong demand across its service territory. However, two existing large customers shifted portions of their planned ramp schedules, moving a combined couple hundred megawatts of load later into the year. Walworth said the customers are already online and that their commitments remain in place. → 3 Value ETFs to Consider as Growth Stocks Lag Behind OGE set a new all-time peak demand record of more than 6,800 megawatts during the prior week, exceeding the previous record set in August 2024 by roughly 180 megawatts, Walworth said. Trauschke highlighted the company’s May 1 filing of a special contract with Google in Oklahoma, which now has a procedural schedule. He said OGE expects the matter to move toward resolution before the end of 2026. On June 17, the company filed an Oklahoma large-load tariff for customers requiring more than 75 MW. The filing is aligned with recently enacted state legislation and is designed to facilitate economic development and load growth while protecting existing customers, according to Trauschke. The proposed tariff includes several requirements for large-load customers: Upfront funding of 100% of grid connection costs. A minimum 15-year commitment. Minimum billing and collateral requirements. Early-termination and capacity-reduction fees. A consumer-protection charge intended to provide a regulatory backstop if future impacts emerge for existing customers. Trauschke said the company’s proposed customer affordability charge could provide residential customers with $25 million to $30 million annually for a typical 1-gigawatt data center. He said OGE believes high-demand customers can reduce costs for all customers when they connect under a regulated utility model. During the question-and-answer session, Trauschke said the company remains engaged in six or seven active large-load customer negotiations. He said the tariff filing provides prospective customers with greater clarity on how large-load service would operate in Oklahoma. OGE expects a proposed order for its Frontier Energy Storage Project from Commissioner Bingman’s office to be adopted soon, Trauschke said. The company expects to add 550 MW of capacity in 2026 through the Horseshoe Lake and Tinker projects, followed by another 300 MW next year from the Frontier Energy Storage Project. Horseshoe Lake units 13, 14 and 29 are expected to add another 450 MW. Trauschke said OGE has historically added roughly 300 MW to 400 MW of capacity per year but will need to increase that pace to meet system demand. The company expects to make multiple generation-related filings through the remainder of 2026 as it completes evaluations and negotiations associated with its request-for-proposals process. Trauschke said a filing could occur during the current quarter. He also said more stringent accreditation standards for new renewable resources within the Southwest Power Pool may favor thermal generation in the company’s pending RFP evaluations, given the importance of the dollar cost of accredited capacity. OGE plans to file an Oklahoma rate review during the third quarter. Trauschke said that case will focus on distribution additions, substations and normal system expansion and will not include generation capacity. He said Horseshoe Lake units 13 and 14 are being addressed through a separate preapproval process. Walworth said OGE has completed all planned financing activities for 2026 and continues to target funds from operations-to-debt of approximately 17% over its planning horizon. He said the company has multiple tools available to support its capital structure, including potential construction-work-in-progress financing for large transmission projects. The company is monitoring Southwest Power Pool notices to construct, which are currently expected in the fourth quarter. Regarding the proposed Seminole-to-Shreveport transmission line, Trauschke said OGE would provide more information on costs, routing, construction timing, investment schedules and financing needs after receiving a notice to construct and confirming those details with the regional transmission organization. Management said capital spending, earnings outlook and financing updates are likely to be provided incrementally as projects receive approvals, rather than in one comprehensive announcement. OGE Energy Corp. (NYSE:OGE) is an energy and infrastructure holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas & Electric Company, the company provides regulated electric service to residential, commercial and industrial customers across Oklahoma and western Arkansas. Its diversified generation mix includes coal, natural gas and wind-powered facilities, complemented by ongoing investments in grid modernization and smart technology to enhance reliability and customer satisfaction. In addition to its core electric utility operations, OGE Energy Corp. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "OGE Energy Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

This article first appeared on GuruFocus. Consolidated Earnings: $0.56 per share. Consolidated Net Income: Approximately $116 million. Electric Company Net Income: Approximately $120 million or $0.58 per diluted share. Holding Company Loss: Approximately $4 million or $0.02 per diluted share. 2026 Earnings Guidance: Reaffirmed range of $2.38 to $2.48 per share, midpoint of $2.43. Customer Growth: Approximately 1% steady growth. All-Time Peak Demand: Over 6,800 megawatts, exceeding prior record by 180 megawatts. FFO to Debt Target: Approximately 17% over the planning horizon. Warning! GuruFocus has detected 11 Warning Signs with OGE. Is OGE fairly valued? Test your thesis with our free DCF calculator. Release Date: July 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. OGE Energy Corp (NYSE:OGE) reported consolidated earnings of $0.56 per share, an increase from $0.53 per share in the same period of 2025. The company achieved net income of approximately $120 million in its core electric business, driven by warm weather and lower depreciation and interest expenses. OGE Energy Corp (NYSE:OGE) is making progress on several important regulatory filings, including the Google special contract and the Oklahoma large load tariff, which support economic development and customer affordability. The company is adding significant capacity to the grid, with plans to add 550 megawatts in 2026 and another 300 megawatts in 2027. OGE Energy Corp (NYSE:OGE) has completed all planned financing activities for 2026 and is maintaining credit-supportive metrics, including a target FFO to debt ratio of approximately 17%. The holding company reported a loss of approximately $4 million, primarily due to higher interest expenses and the absence of a one-time benefit recognized in 2025. Higher operational and maintenance expenses partially offset the increase in net income. Two large customers have shifted portions of their ramp schedules, delaying the expected load growth. There is uncertainty regarding the timing and approval of the Notice to Construct (NTC) for the Seminole to Shreveport line, which affects project planning. The company faces challenges in securing turbine resources for pending RFPs, which could impact future generation capacity. Q: Can you frame the scope of the rate review in the third quarter, specifically regarding the CWIP request for Horseshoe Lake 13 and 14? A: The rate case in Oklahoma will focus on distribution additions and normal expansion, excluding any generation capacity. The pre-approval process captures generation like Horseshoe Lake 13 and 14, so they won't be included in the rate case. Q: How does the large load tariff handle customers wanting to self-supply some of their load? A: The large load tariff is designed to protect customers from large impacts and aligns with recent legislation. It supports the regulated utility model, which benefits all customer types, including large data centers and traditional customers. Q: Could you clarify the 200 megawatts shifted into the year regarding customer ramp schedules? A: The shift in ramp schedules is due to customer-side issues, but the customers are online and ramping up. We are confident that the load will come on shortly. Q: What are the next steps for the Seminole to Shreveport line if the notice to construct is received in October? A: Upon receiving the notice to construct, we will confirm costs, routing, and in-service timelines with SPP for final approval. We will then provide details on cost, investment schedule, and financial needs. Q: How are you approaching the potential for increased CapEx and equity needs? A: We will address CapEx and equity needs in chunks as opportunities arise, rather than in one large package. Updates will be provided as projects advance and approvals are received. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

OKLAHOMA CITY, July 29, 2026 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), today reported earnings of $0.56 per diluted share during the three months that ended June 30, 2026, compared to $0.53 per diluted share in the second quarter 2025. OG&E, a regulated electric company, contributed earnings of $0.58 per diluted share in the second quarter, compared to earnings of $0.53 per diluted share in the second quarter 2025. Other operations, which includes the holding company, contributed a loss of $0.02 per diluted share compared to breakeven results in the second quarter of 2025. "Our second-quarter results reflect the strength of our business and the disciplined execution of our team as we advance investments that support reliable, affordable service for customers," said Sean Trauschke, Chairman, President, and CEO of OGE Energy Corp. "We are making significant progress on initiatives that position OG&E for incremental growth while maintaining a strong focus on protecting existing customers as we prepare to serve new large-load opportunities and support economic development." Second Quarter 2026 results OG&E contributed net income of $120.1 million, or $0.58 per diluted share, in the second quarter compared to $107.7 million, or $0.53 per diluted share, in the same period 2025. The increase in net income was primarily due to increased recovery of capital investments and lower interest expense, partially offset by increased operation and maintenance expenses. Other Operations resulted in a loss of $3.8 million, or $0.02 per diluted share, in the second quarter compared to a loss of $0.2 million, in the same period 2025. The increased loss was primarily due to higher interest expense and a one-time benefit related to legacy midstream operations recognized in 2025, which was partially offset by increased other income. OGE Energy's net income was $116.3 million or $0.56 per diluted share in the second quarter, compared to earnings of $107.5 million, or $0.53 per diluted share, in the same period 2025. 2026 Outlook OGE Energy's 2026 consolidated earnings guidance remains unchanged and is projected to be $2.43 per average diluted share, within a range of $2.38 to $2.48 per average diluted share. The guidance assumes, among other things, normal weather for the remainder of the year. OG&E has significant seasonality in its earnings due to weather on a year-over-year basis. See OGE Energy's 2025 Form 10-K for other key factors and assumptions underlying its 2026 guidance. Conference Call WebcastOGE Energy Corp. will host an earnings and business update conference call on Wednesday, July 29, 2026, at 8 a.m. CDT. The conference will be available through the Investor Center at www.oge.com. Some of the matters discussed in this news release may contain forward looking statements that are subject to certain risks, uncertainties and assumptions. Such forward-looking statements are intended to be identified in this document by the words "anticipate," "believe," "estimate," "expect," "forecast," "intend," "objective," "plan," "possible," "potential," "project," "target" and similar expressions. Actual results may vary materially. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to: general economic conditions, including the availability of credit, access to existing lines of credit, access to the commercial paper markets, actions of rating agencies and inflation rates, and their impact on capital expenditures; the ability of the Company to access the capital markets and obtain financing on favorable terms, as well as inflation rates and monetary fluctuations; the ability to obtain timely and sufficient rate relief to allow for recovery of items such as capital expenditures, fuel and purchased power costs, operating costs, transmission costs and deferred expenditures; prices and availability of electricity, coal and natural gas; competitive factors, including the extent and timing of the entry of additional competition in the markets served by the Company, potentially through deregulation; the impact on demand for the Company's services resulting from cost-competitive advances in technology, such as distributed electricity generation and customer energy efficiency programs; technological developments, changing markets and other factors that result in competitive disadvantages and create the potential for impairment of existing assets; factors affecting utility operations such as unusual weather conditions; catastrophic weather-related damage; unscheduled generation outages; unusual maintenance or repairs; unanticipated changes to fossil fuel, natural gas or coal supply costs or availability due to higher demand, shortages, transportation problems or other developments; environmental incidents; or electric transmission or gas pipeline system constraints; availability and prices of raw materials and equipment for current and future construction projects; the effect of retroactive pricing of transactions in the SPP markets, adjustments in market pricing mechanisms by the SPP, or allocation of transmission upgrade costs; federal or state legislation and regulatory decisions and initiatives that affect cost and investment recovery, have an impact on rate structures or affect the speed and degree to which competition enters the Company's markets; environmental laws, safety laws or other regulations that may impact the cost of operations, restrict or change the way the Company's facilities are operated or result in stranded assets; the ability of the Company to meet future capacity requirements mandated by the SPP, which could be impacted by future load growth, environmental regulations, and the availability of resources; changes in accounting standards, rules or guidelines; the discontinuance of accounting principles for certain types of rate-regulated activities; the cost of protecting assets against, or damage due to, terrorism or cyberattacks, including the Company losing control of its assets and potential ransoms, and other catastrophic events; the availability, cost, coverage and terms of insurance; changes in the use, perception or regulation of generative artificial intelligence technologies, which could limit the Company's ability to utilize such technology, create risk of enhanced regulatory scrutiny, generate uncertainty around intellectual property ownership, licensing or use, or which could otherwise result in risk of damage to the Company's business, reputation or financial results; creditworthiness of suppliers, customers and other contractual parties, including large, new customers from industries such as cryptocurrency and data centers; social attitudes regarding the electric utility and power industries; identification of suitable investment opportunities to enhance shareholder returns and achieve long-term financial objectives through business acquisitions and divestitures; increased pension and healthcare costs; national and global events that could adversely affect and/or exacerbate macroeconomic conditions, including inflationary pressures, interest rate fluctuations, supply chain disruptions, economic recessions, pandemic health events, tariffs and uncertainty surrounding continued hostilities or sustained military campaigns, and their collateral consequences; costs and other effects of legal and administrative proceedings, settlements, investigations, claims and matters, including, but not limited to, those described in the Company's Form 10-Q for the quarter ended June 30, 2026; and other risk factors listed in the reports filed by the Company with the Securities and Exchange Commission, including those listed within the Company's most recent Form 10-K for the year ended December 31, 2025. Note: Condensed Consolidated Statements of Income for OGE Energy Corp., Condensed Statements of Income and Comprehensive Income for Oklahoma Gas & Electric Company, and Financial and Statistical Data for Oklahoma Gas & Electric Company attached. View original content:https://www.prnewswire.com/news-releases/oge-energy-corp-reports-second-quarter-2026-results-302837533.html

OGE Energy (OGE) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.75%. A quarter ago, it was expected that this energy services company would post earnings of $0.24 per share when it actually produced earnings of $0.24, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates just once. OGE Energy, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $711.9 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 8.86%. This compares to year-ago revenues of $741.6 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. OGE Energy shares have added about 15.5% since the beginning of the year versus the S&P 500's gain of 8.5%. While OGE Energy has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for OGE Energy was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.08 on $1.09 billion in revenues for the coming quarter and $2.42 on $3.36 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the bottom 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Portland General Electric (POR), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 31. This electric utility is expected to post quarterly earnings of $0.64 per share in its upcoming report, which represents a year-over-year change of -3%. The consensus EPS estimate for the quarter has been revised 9.6% higher over the last 30 days to the current level. Portland General Electric's revenues are expected to be $843.16 million, up 4.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report OGE Energy Corporation (OGE) : Free Stock Analysis Report Portland General Electric Company (POR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Wall Street expects a year-over-year increase in earnings on higher revenues when Edison International (EIX) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This electric power provider is expected to post quarterly earnings of $1.02 per share in its upcoming report, which represents a year-over-year change of +5.2%. Revenues are expected to be $4.72 billion, up 3.9% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 6.66% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Edison International, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +4.66%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination indicates that Edison International will most likely beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Edison International would post earnings of $1.32 per share when it actually produced earnings of $1.42, delivering a surprise of +7.58%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Edison International appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Another stock from the Zacks Utility - Electric Power industry, OGE Energy (OGE), is soon expected to post earnings of $0.57 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +7.6%. Revenues for the quarter are expected to be $781.11 million, up 5.3% from the year-ago quarter. The consensus EPS estimate for OGE Energy has been revised 8% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -2.00%. When combined with a Zacks Rank of #2 (Buy), this Earnings ESP makes it difficult to conclusively predict that OGE Energy will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Edison International (EIX) : Free Stock Analysis Report OGE Energy Corporation (OGE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

OGE Energy (OGE) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This energy services company is expected to post quarterly earnings of $0.59 per share in its upcoming report, which represents a year-over-year change of +11.3%. Revenues are expected to be $781.11 million, up 5.3% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 9% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For OGE Energy, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination makes it difficult to conclusively predict that OGE Energy will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that OGE Energy would post earnings of $0.24 per share when it actually produced earnings of $0.24, delivering no surprise. Over the last four quarters, the company has beaten consensus EPS estimates just once. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. OGE Energy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Among the stocks in the Zacks Utility - Electric Power industry, CenterPoint Energy (CNP), is soon expected to post earnings of $0.36 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +24.1%. This quarter's revenue is expected to be $2.11 billion, up 8.4% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for CenterPoint has been revised 0.5% down to the current level. Nevertheless, the company now has an Earnings ESP of +0.83%, reflecting a higher Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that CenterPoint will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report OGE Energy Corporation (OGE) : Free Stock Analysis Report CenterPoint Energy, Inc. (CNP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research