Kinder Morgan (NYSE: KMI) unveils its next
round of earnings this Wednesday, Jan. 16. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement
Earnings and Revenue
Based on Kinder Morgan management projections, analysts predict EPS of 26 cents on revenue of $3.81 billion.
In the same quarter last year, Kinder Morgan reported per share earnings of 21 cents on sales of $3.63 billion. Sales would be
have grown 4.9 percent from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in
the past:
Quarter |
Q3 2018 |
Q2 2018 |
Q1 2018 |
Q4 2017 |
EPS Estimate |
0.21 |
|
0.21 |
0.18 |
EPS Actual |
0.21 |
0.21 |
0.22 |
0.21 |
Stock Performance
Over the last 52-week period, shares are down 11.73 percent. Given that these returns are generally negative, long-term
shareholders are likely a little upset going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts have been rating Kinder
Morgan stock as Neutral. The strength of this rating has maintained conviction over the past three months. Most Common Rating:
Neutral
Conference Call
Kinder Morgan's Q4 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://ir.kindermorgan.com/
© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.