Pipeline operator Kinder Morgan misses first-quarter profit estimates
ReutersApr 16, 2025 8:09 PM
April 16 (Reuters) - Kinder Morgan KMI.N narrowly missed Wall Street expectations for first-quarter profit on Wednesday after the U.S. pipeline and terminal operator was hurt by weakness in its products pipelines segment.
The Houston, Texas-based firm posted an adjusted profit of 34 cents per share for the three months ended March 31, compared with analysts' estimate of 35 cents per share, according to data compiled by LSEG.
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