Kinder Morgan Earnings, Revenue Beat in Q1
2022.04.21 00:25
Kinder Morgan Earnings, Revenue Beat in Q1
Investing.com – Kinder Morgan (NYSE:KMI) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Kinder Morgan announced earnings per share of $0.32 on revenue of $4.29B. Analysts polled by Investing.com anticipated EPS of $0.2803 on revenue of $3.64B.
Kinder Morgan shares are down 5.18% from the beginning of the year, still down 1.00% from its 52 week high of $19.97 set on April 20. They are outperforming the S&P 500 which is down 6.44% from the start of the year.
Kinder Morgan follows other major Energy sector earnings this month
Kinder Morgan’s report follows an earnings missed by Baker Hughes on Wednesday, who reported EPS of $0.15 on revenue of $4.84B, compared to forecasts EPS of $0.1986 on revenue of $5.04B.
Halliburton had beat expectations on Tuesday with first quarter EPS of $0.35 on revenue of $4.28B, compared to forecast for EPS of $0.3418 on revenue of $4.2B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
