17.04.2024 22:10:06 - dpa-AFX: Kinder Morgan, Inc. Q1 Profit Increases, Inline With Estimates

WASHINGTON (dpa-AFX) - Kinder Morgan, Inc. (KMI) released earnings for its
first quarter that increased from the same period last year in line with the
Street estimates.

The company's bottom line totaled $746 million, or $0.33 per share. This
compares with $679 million, or $0.30 per share, in last year's first quarter.

Excluding items, Kinder Morgan, Inc. reported adjusted earnings of $758 million
or $0.34 per share for the period.

Analysts on average had expected the company to earn $0.34 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 1.3% to $3.84 billion from $3.89
billion last year.

Kinder Morgan, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $746 Mln. vs. $679 Mln. last year.
-EPS (Q1): $0.33 vs. $0.30 last year.
-Revenue (Q1): $3.84 Bln vs. $3.89 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Kinder Morgan A1H6GK NYSE 19,455 03.06.24 21:48:10 -0,035 -0,18% 19,450 19,460 19,480 19,490

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