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Kinder Morgan Reports Q4 Profit Increase But Misses EPS Estimates

Kinder Morgan, Inc. reported a profit rise in Q4, totaling $667 million or $0.30 per share. However, this missed analysts' expectations, indicating potential pressure on stock performance going forward.

Date: 
AI Rating:   5

Earnings Per Share (EPS): Kinder Morgan reported an EPS of $0.30 per share for the fourth quarter, which is an increase from $0.27 per share the previous year. However, it fell short of analyst expectations of $0.33 per share, leading to a potential negative sentiment among investors.

Revenue Growth: Revenue declined by 1.3%, amounting to $3.987 billion compared to $4.038 billion a year ago. This decline in revenue can impact investor confidence and contribute to a bearish outlook on stock performance.

Overall, the company showed improved profit figures year-on-year, but the missed EPS estimates and declining revenue might raise concerns among investors about future performance and growth prospects.