Categories AlphaGraphs, Earnings, Energy
Infographic: Highlights of Kinder Morgan’s (KMI) Q4 2020 earnings report
Energy infrastructure firm Kinder Morgan, Inc. (NYSE: KMI) reported stronger-than-expected earnings for the fourth quarter of 2020, despite a decline in revenues. The company’s stock was trading higher soon after the announcement on Wednesday.
At $3.12 billion, fourth-quarter revenues were down 7% from the same period of last year. However, the top-line beat the forecast.
Earnings, adjusted for special items, edged up to $0.27 per share from $0.26 per share in the fourth quarter of 2019 and exceeded the estimates. Net income was $607 million or $0.27 per share, compared to $610 million or $0.27 per share last year.
Read management/analysts’ comments on Kinder Morgan’s Q4 report
Kinder Morgan’s stock made modest gains immediately after the earnings release in extended trading on Wednesday, after closing the regular session higher.
Past Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,