ONEOK Inc. Q3 Income Climbs, But Misses Estimates

(RTTNews) - ONEOK Inc. (OKE) announced a profit for its third quarter that increased from the same period last year but missed the Street estimates.

The company's bottom line came in at $693 million, or $1.18 per share. This compares with $454 million, or $0.99 per share, in last year's third quarter.

Analysts on average had expected the company to earn $1.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

ONEOK Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $693 Mln. vs. $454 Mln. last year. -EPS (Q3): $1.18 vs. $0.99 last year.

-Guidance: Full year EPS guidance: $5.11