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