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Kinder Morgan’s Third-Quarter Earnings Are Expected to Rise

Ruth King
Kinder Morgan’s Third-Quarter Earnings Are Expected to Rise

Kinder Morgan (KMI) is scheduled to report its third-quarter earnings on October 17 after the market closes. Analysts expect the company’s EPS to rise ~9% sequentially to 21.25 cents per share. The company’s adjusted EPS for the second quarter was 19.5 cents. Kinder Morgan’s expected third-quarter EPS represents a 42% increase YoY (year-over-year). Kinder Morgan beat the EPS estimates in four out of the last ten quarters. The company missed the EPS estimates in three quarters and met the estimates in the remaining three quarters.