Kinder Morgan Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga ยท 339 days
High Materiality8/10
AI Summary
KMI's Q1 earnings expected at 36 cents per share, up from 34 cents. Projected revenue of $4.03 billion, increasing from $3.84 billion. Recent earnings report missed analyst estimates with 32 cents per share. Analysts show mixed sentiment with some raising price targets for KMI. Shares increased 1.6% to $27.22 ahead of earnings release.
Sentiment Rationale
KMI is projected to increase earnings and revenue, indicating growth potential. Analysts have generally positive outlooks with price targets raised, signaling investment interest.
Trading Thesis
The imminent earnings release may create immediate volatility in stock price. Historical patterns show stocks often react sharply to earnings announcements.
Market-Moving
- KMI's Q1 earnings expected at 36 cents per share, up from 34 cents.
- Projected revenue of $4.03 billion, increasing from $3.84 billion.
- Recent earnings report missed analyst estimates with 32 cents per share.
Key Facts
- KMI's Q1 earnings expected at 36 cents per share, up from 34 cents.
- Projected revenue of $4.03 billion, increasing from $3.84 billion.
- Recent earnings report missed analyst estimates with 32 cents per share.
- Analysts show mixed sentiment with some raising price targets for KMI.
- Shares increased 1.6% to $27.22 ahead of earnings release.
Companies Mentioned
- KMI (KMI)
- JP Morgan (JP Morgan)
- Barclays (Barclays)
- Citigroup (Citigroup)
- Wells Fargo (Wells Fargo)
- Goldman Sachs (Goldman Sachs)
Earnings
Upcoming earnings and analyst ratings are crucial for KMI's price movements, influencing investor sentiment.