Kinder Morgan Energy Partners Earnings Are on Deck

Seth Jayson, The Motley Fool
Updated

Kinder Morgan Energy Partners (NYS: KMP) is expected to report Q4 earnings around Jan. 16. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Kinder Morgan Energy Partners's revenues will expand 24.1% and EPS will grow 16.4%.

The average estimate for revenue is $2.49 billion. On the bottom line, the average EPS estimate is $0.64.


Revenue details
 Last quarter, Kinder Morgan Energy Partners recorded revenue of $2.34 billion. GAAP reported sales were 11% higher than the prior-year quarter's $2.11 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $0.57. GAAP EPS were -$0.06 for Q3 versus -$0.25 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 46.1%, 830 basis points better than the prior-year quarter. Operating margin was 25.3%, 150 basis points better than the prior-year quarter. Net margin was 16.2%, 600 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $8.55 billion. The average EPS estimate is $2.09.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,474 members out of 1,528 rating the stock outperform, and 54 members rating it underperform. Among 442 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 425 give Kinder Morgan Energy Partners a green thumbs-up, and 17 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kinder Morgan Energy Partners is outperform, with an average price target of $88.08.

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The article Kinder Morgan Energy Partners Earnings Are on Deck originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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