Categories AlphaGraphs, Industrials

Key highlights from Kinder Morgan (KMI) Q1 2021 earnings results

Kinder Morgan, Inc. (NYSE:KMI) reported first quarter 2021 earnings results today.

Revenues totaled $5.2 billion compared to $3.1 billion in the same period a year ago.

GAAP net income was $1.4 billion, or $0.62 per share, compared to a net loss of $306 million, or $0.14 per share, last year. Adjusted EPS was $0.60.

For 2021, the company expects net income attributable to KMI to range between $2.7-2.9 billion.  

The board also approved a cash dividend of $0.27 per share for the first quarter of 2021, which translates to $1.08 on an annualized basis and reflects an increase of 3% over the fourth quarter of 2020.

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Earnings calendar for the week of May 3

Leading stock indexes retreated after gaining mid-week when Wall Street biggies like Apple and Amazon reported impressive quarterly numbers. The Dow Jones Industrial Average was down 190 early Friday, while

How did the first quarter of 2021 turn out for the airline industry?

The airlines sector was severely impacted by the disruption caused by the COVID-19 pandemic in 2020. A year later, the industry is still limping its way to a recovery. In

Amazon (AMZN) fine-tunes growth strategy to stay in the fast lane

The company that witnessed the strongest growth during the pandemic is probably Amazon.com, Inc. (NASDAQ: AMZN), which went into overdrive when the crisis triggered an online shopping boom. Taking a

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top