Kinder Morgan Draws Investor Attention as Earnings Estimates Rise

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Summary · why it matters

Kinder Morgan has become one of the most searched-for stocks on Zacks.com, with shares returning +2.8% over the past month against the Zacks S&P 500 composite's -1.3% change. For the current quarter, the company is expected to post earnings of $0.33 per share, a change of +13.8% from the year-ago quarter, and the Zacks Consensus Estimate has moved +1.6% over the last 30 days. The consensus earnings estimate of $1.55 for the current fiscal year indicates a year-over-year change of +19.2%, while the next fiscal year's consensus estimate of $1.55 indicates a change of -0.1%. Consensus sales estimates stand at $4.49 billion for the current quarter, $18.49 billion for the current fiscal year and $19.28 billion for the next fiscal year, indicating changes of +8.3%, +9.2% and +4.2%, respectively. Kinder Morgan reported revenues of $4.48 billion in the last reported quarter, a year-over-year change of +10.8%, with EPS of $0.37 versus $0.28 a year ago, and it is rated Zacks Rank #3 (Hold).

Impact on assets 1

Energy Transition & Power Demand▲
Kinder Morgan Inc
KMI
▲ PositiveCapitalrelevance

Kinder Morgan's earnings estimates have risen, with current-quarter EPS expected +13.8% YoY and the Zacks Consensus Estimate up 1.6% over 30 days.