Kinder Morgan (KMI) Reports Q2 Earnings in Line with Estimates

Reported 3 months ago

Kinder Morgan (KMI) reported Q2 earnings of $0.25 per share, matching the Zacks Consensus Estimate, and slightly up from $0.24 a year ago. The company's revenue for the quarter was $3.57 billion, missing expectations by 8%. While KMI's share price has increased by 14.7% this year, it has underperformed the S&P 500. The stock currently holds a Zacks Rank #3 (Hold), suggesting it will perform in line with the market in the near future. Investors are looking forward to future earnings outlook and industry performance as important drivers for stock movement.

Source: YAHOO

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