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Kinder Morgan Earnings, Revenue Beat in Q1 -Breaking

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© Reuters. The earnings of Kinder Morgan are up and the revenue beat in Q1.

Investing.com – Kinder Morgan (NYSE: ) On Wednesday, the first quarter ended with a beat on analysts’ estimates and revenue above expectations.

Kinder Morgan reported earnings per share at $0.32 on revenues of $4.29B. Investing.com polled analyst to predict EPS of $0.2803, based on revenues of $3.64B.

Kinder Morgan shares have fallen 5.18% since the start of the year. However, they are still below 1.00% of its 52-week high of $19.97 on April 20. They are outperforming the S&P 500 which is down 6.44% from the start of the year.

Kinder Morgan’s earnings are in line with other Energy sectors this month

Kinder Morgan’s report is following a Baker Hughes earnings miss on Wednesday. Baker Hughes reported EPS at $0.15 per share on revenue $4.84B. Forecasts for EPS at $0.1986 were made on revenue $5.04B.

Halliburton exceeded expectations with a $0.35 EPS on $4.28B in revenue on Tuesday. That compares to a forecast for $0.3418 on $4.2B revenue.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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