Kinder Morgan (KMI) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended December 2023, Kinder Morgan (KMI) reported revenue of $4.04 billion, down 11.8% over the same period last year. EPS came in at $0.28, compared to $0.31 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $3.96 billion, representing a surprise of +1.95%. The company delivered an EPS surprise of -9.68%, with the consensus EPS estimate being $0.31.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Kinder Morgan performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Segment EBDA- CO2: $179 million versus $189.99 million estimated by three analysts on average.
Segment EBDA- Terminals: $266 million versus the three-analyst average estimate of $254.11 million.
Segment EBDA- Products Pipelines: $282 million versus the two-analyst average estimate of $306.13 million.
Segment EBDA- Natural gas Pipelines: $1.35 billion versus the two-analyst average estimate of $1.35 billion.
View all Key Company Metrics for Kinder Morgan here>>>
Shares of Kinder Morgan have returned +1% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Kinder Morgan, Inc. (KMI) : Free Stock Analysis Report
