Will OKE's Q4 earnings surprise boost future EPS?

**Oneok's (OKE) Q4 earnings are expected to be robust, which could potentially boost future EPS.** Here's an analysis based on the latest estimates and trends: 1. **Q4 Earnings Outlook**: - Analysts anticipate OKE's Q4 EPS to be $1.51, reflecting a significant year-over-year increase. - The estimated revenue for Q4 is $6.73 billion, indicating a substantial rise compared to the previous year. 2. **Historical Performance and Estimates**: - OKE has a history of surpassing EPS estimates, with a 50% success rate over the past year. - Despite some downward revisions in recent estimates, the consensus EPS for Q4 remains at $1.51, suggesting a positive outlook. 3. **Potential for Future EPS Growth**: - OKE's ability to exceed earnings expectations in the past suggests that its Q4 performance could indeed lead to higher EPS in the future. - The company's overall financial health and growth prospects support the notion that strong Q4 earnings could be indicative of sustained EPS growth. 4. **Market Sentiment and Analysts' Views**: - Recent analyst forecasts indicate a positive sentiment, with expectations of EPS growth in future years. - The consensus for FY2025 EPS is $6.01, reflecting a potential rebound and growth from the current year's EPS of $5.10. 5. **Conclusion and Implications**: - Given OKE's track record of exceeding expectations and the optimistic analyst forecasts, it is reasonable to assume that the company's Q4 earnings could indeed boost future EPS. - Investors should monitor the company's actual Q4 performance and any subsequent revisions to EPS estimates, as these will provide further insights into OKE's future earnings potential. In summary, while past performance is not always indicative of future results, the combination of OKE's strong Q4 earnings outlook, historical success in beating estimates, and positive analyst sentiment suggests that its Q4 earnings could potentially lead to higher EPS in the future.