Houston, Texas-based Kinder Morgan, Inc. (KMI) is a midstream energy infrastructure provider in North America. The company operates pipelines to transport natural gas, crude oil, condensate, refined petroleum products, and more. With a market cap of $64.3 billion, Kinder Morgan operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments.
The energy giant is expected to announce its first-quarter results on Wednesday, Apr. 16. Ahead of the event, analysts expect KMI to deliver an adjusted EPS of $0.34, the same as the earnings reported in the year-ago quarter. However, the company has a mixed earnings surprise history. It missed the Street’s bottom-line estimates twice over the past four quarters while exceeding or matching on two other occasions. Its adjusted EPS of $0.32 for the last reported quarter missed the consensus estimates by 3%.
