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Kinder Morgan Earnings Miss, Revenue Beats In Q3

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Kinder Morgan announced earnings per share of $0.22 on revenue of $3.82B. Analysts polled by Investing.com anticipated EPS of $0.2353 on revenue of $3.24B.

Kinder Morgan shares are up 19% from the beginning of the year, still down 3.27% from its 52 week high of $19.29 set on June 11. They are under-performing the S&P 500 which is up 20.81% from the start of the year.

Kinder Morgan shares lost 2.47% in after-hours trade following the report.

Kinder Morgan’s report follows an earnings beat by NextEra Energy on Wednesday, who reported EPS of $0.75 on revenue of $4.37B, compared to forecasts EPS of $0.7258 on revenue of $5.38B.

Nextera Energy Partners LP had missed expectations on Wednesday with third quarter EPS of $0.24 on revenue of $252M, compared to forecast for EPS of $0.6052 on revenue of $363.03M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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