Kinder Morgan (NYSE:KMI) reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Kinder Morgan beat estimated earnings by 3.45%, reporting an EPS of $0.3 versus an estimate of $0.29.
Revenue was down $405.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 2.12% increase in the share price the next day.
Here’s a look at Kinder Morgan’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.30 | 0.29 | 0.27 | 0.28 |
| EPS Actual | 0.31 | 0.25 | 0.27 | 0.32 |
| Revenue Estimate | 4.91B | 4.32B | 3.74B | 3.58B |
| Revenue Actual | 4.58B | 5.18B | 5.15B | 4.29B |
To track all earnings releases for Kinder Morgan visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.