financetom
Business
financetom
/
Business
/
Kinder Morgan Q2 Adjusted EPS, Revenue Increase; Shares Fall After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Kinder Morgan Q2 Adjusted EPS, Revenue Increase; Shares Fall After Hours
Jul 17, 2024 2:04 PM

04:36 PM EDT, 07/17/2024 (MT Newswires) -- Kinder Morgan ( KMI ) reported Q2 adjusted earnings late Wednesday of $0.25 per diluted share, up from $0.24 a year earlier.

Analysts polled by Capital IQ expected $0.25.

Revenue in the quarter ended June 30 rose to $3.57 billion from $3.5 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.13 billion.

In 2024, the company said it budgeted net income, including contributions from the STX Midstream assets, of $1.22 a share.

Analysts polled by Capital IQ expect GAAP EPS of $1.21.

The company kept the quarterly dividend at $0.2875 a share, payable Aug. 15 to shareholders of record July 31.

Shares of the company fell 2.6% in recent after-hours trading.

Price: 20.00, Change: -0.53, Percent Change: -2.58

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ukrainian citizen wanted over Nord Stream explosions detained in Poland, his lawyer says
Ukrainian citizen wanted over Nord Stream explosions detained in Poland, his lawyer says
Sep 30, 2025
WARSAW, Sept 30 (Reuters) - A Polish lawyer representing Volodymyr Z., wanted by Germany over his alleged involvement in the Nord Stream explosions, confirmed to Reuters on Tuesday that his client was detained in Poland. Polish private radio station RMF FM reported that the man had been wanted under a European arrest warrant issued by a German court. (Reporting by...
Trump Outlines New Tariffs on Lumber Imports, Cabinets
Trump Outlines New Tariffs on Lumber Imports, Cabinets
Sep 30, 2025
06:36 AM EDT, 09/30/2025 (MT Newswires) -- President Donald Trump said Monday the US will set 10% tariffs on softwood timber and lumber and a 25% duty on certain upholstered wooden products and on kitchen cabinets and vanities, including their parts, effective Oct. 14. Rates on upholstered items and on cabinets will rise to 30% and 50% respectively, Jan. 1,...
CRH Reaffirms 2025 Net Income Guidance
CRH Reaffirms 2025 Net Income Guidance
Sep 30, 2025
06:37 AM EDT, 09/30/2025 (MT Newswires) -- CRH (CRH) reaffirmed its 2025 net income guidance of $3.8 billion to $3.9 billion. Analysts polled by FactSet expect $3.81 billion. The company also said Tuesday it expects annual revenue growth of 7% to 9% from 2026 to 2030. Shares of CRH were up 5% in recent premarket activity. ...
Clean energy glut draws cryptocurrency miners to Brazil 
Clean energy glut draws cryptocurrency miners to Brazil 
Sep 30, 2025
SAO PAULO (Reuters) -Crypto mining companies are actively negotiating contracts with Brazilian electricity providers, such as Renova Energia, that would benefit from the South American country's surplus renewable power without burdening the grid during peak times. Following crypto heavyweight Tether, which announced in July an investment in the South American country, there are at least six negotiations for small and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved