Investing.com - Kinder Morgan (NYSE:KMI) reported first quarter earnings that matched analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.25 on revenue of $3.43B. Analysts polled by Investing.com forecast EPS of $0.25 on revenue of $3.68B. That compared to EPS of $0.22 on revenue of $3.42B in the same period a year earlier. The company had reported EPS of $0.25 on revenue of $3.78B in the previous quarter.
Kinder Morgan shares lost 0.56% to trade at $19.57 in after-hours trade following the report.
Kinder Morgan shares lost 0.56% to trade at $19.57 in after-hours trade following the report.
For the year, Kinder Morgan shares are up 27.96%, outperforming the S&P 500 which is up 17.08% year to date.
Kinder Morgan follows other major Utilities sector earnings this month
On Thursday, March 28, 2019, Sabesp ADR reported first quarter EPS of $0.25 on revenue of $1.09B, compared to forecasts of EPS of $0.32 on revenue of $1.1B.
CEMIG PN ADR earnings beat analyst's expectations on Thursday, March 28, 2019, with first quarter EPS of $0.11 on revenue of $1.57B. Investing.com analysts expected EPS of $0.09 on revenue of $1.57B
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