Investors Are Eagerly Anticipating Kinder Morgan’s ($KMI) Q3 2024 Earnings Report

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Kinder Morgan's (NYSE: KMI) third quarter financial results release is scheduled for Wednesday 16th October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.

It is anticipated by financial experts on Wall Street that the organization is set to announce an estimated $0.27 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $3.97 billion for this period.

According to the Wall Street analysts projections, the company is expected to generate a total revenue of $15.74 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $1.2 per share during the same period.

In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.25. This significant amount was attributed to the company's remarkable total revenue of $3.91 billion generated during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.25 +4.2% 3.57 B +2.0%
Q1 2024 $0.34 +13.3% 3.84 B -1.2%
Q4 2023 $0.28 -9.7% 4.04 B -11.8%
Q3 2023 $0.25 0% 3.91 B -24.5%
Q2 2023 $0.24 -11.1% 3.50 B -32.0%
*Growth on year-over-year basis

 

Additionally, The company will host a conference call with investors and analysts on 16th October 2024 at 04:30 PM eastern time to review the Q3 2024 financial results.

Kinder Morgan (KMI) experienced a trading range of $24.51 to $25.02, along with a total volume of 16.20 million shares during the day. The stock concluded Monday's regular trading session at $24.88, demonstrating an increase of 0.73 percent.