What To Expect From Kinetik Holdings ($KNTK) Q3 Earnings?

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The third quarter financial results of Kinetik Holdings (NASDAQ: KNTK) will be unveiled on Wednesday 6th November 2024. This eagerly awaited announcement is scheduled to occur after market close.

According to financial analysts on Wall Street, the establishment is likely to announce an estimated per share $0.45 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $331.21 million during this period.

The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $1.36 billion. Further, they expect the earnings per share to achieve profit of $1.44 for the fiscal year.

During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.21. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $330.3 million during that specific period.

 

In addition, The firm will review the third quarter financial results on 7th November 2024 at 09:00 AM eastern time, in a conference call with public.

Kinetik Holdings (KNTK) experienced a trading range of $47.51 to $49.14, along with a total volume of 245.60 thousand shares during the day. The stock concluded Friday's regular trading session at $47.76, showing fall of 1.87 percent.