Keyera Q4 Net Earnings Jump-February 2024-www.financetom.com

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Keyera Q4 Net Earnings Jump

Feb 13, 2025 3:45 AM

06:23 AM EST, 02/13/2025 (MT Newswires) -- Keyera ( KEYUF ) on Thursday reported a jump in net earnings in the fourth quarter despite lower adjusted EBITDA.

Net earnings came in at $88.9 million, or $0.39 per share, up from $49.2 million, or $0.21 per share. The results missed the FactSet consensus EPS estimate of $0.49 for the quarter.

Adjusted EBITDA fell to $312.7 million from $339.2 million.

Distributable cash flow also fell to $168.3 million, or $0.73 per share, from $233.6 million, or $1.02 per share.

The company continues to target 7% to 8% annual growth for fee-based adjusted EBITDA over the 2024-2027 period.

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