Kinder Morgan Earnings inline, Revenue misses In Q3

Kinder Morgan (NYSE:KMI) reported third quarter earnings that matched analyst’s expectations on Wednesday and revenue that fell short of forecasts.

The firm reported earnings per share of $0.21 on revenue of $3.52B. Analysts polled by Investing.com forecast EPS of $0.21 on revenue of $3.55B.

That compared to EPS of $0.15 on revenue of $3.28B in the same period a year earlier The company had reported EPS of $0.21 on revenue of $3.43B in the previous quarter.

Kinder Morgan shares lost -1.05% to trade at $18.16 in after-hours trade following the report.

For the year, Kinder Morgan shares are down 1.91%, under-performing the S&P 500 which is up 4.67% year to date.


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