Kinder Morgan (KMI) slides after revenue miss
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Kinder Morgan (KMI) Misses Q4 EPS by 2c
January 17, 2024 4:07 PM ESTKinder Morgan (NYSE: KMI) reported Q4 EPS of $0.28, $0.02 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $4.04 billion versus the consensus estimate of $4.4 billion.
GUIDANCE:
Kinder Morgan sees FY2024 EPS of $1.22.
For 2024, KMIs preliminary budget published on December 4, 2023 forecasted, among other metrics, EPS of $1.21 and DCF per share of $2.21. It did not include the acquisition of NextEra Energy Partners STX Midstream assets that closed on December 28, 2023.... More