Kinder Morgan Inc reports results for the quarter ended December 31 - Earnings Summary

• Kinder Morgan Inc KMI.N reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 32 cents to 37 cents per share.

• Revenue rose 0.6% to $3.99 billion from a year ago; analysts expected $4.18 billion.

• Kinder Morgan Inc's reported EPS for the quarter was 30 cents​.

• The company reported quarterly net income of $667 million.

• Kinder Morgan Inc shares had risen by 13.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the oil & gas transportation services peer group is also "buy"

Wall Street's median 12-month price target for Kinder Morgan Inc is $30.00

This summary was machine generated from LSEG data January 22 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)