Can Kinder Morgan Meet These Numbers?
Kinder Morgan (NYS: KMI) is expected to report Q2 earnings around July 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's revenues will expand 52.0% and EPS will increase 83.3%.
The average estimate for revenue is $3.29 billion. On the bottom line, the average EPS estimate is $0.33.
Last quarter, Kinder Morgan booked revenue of $3.06 billion. GAAP reported sales were 65% higher than the prior-year quarter's $1.86 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.28. GAAP EPS of $0.28 for Q1 were much higher than the prior-year quarter's $0.03 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 54.6%, 230 basis points better than the prior-year quarter. Operating margin was 33.4%, 510 basis points better than the prior-year quarter. Net margin was 9.5%, 840 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $13.20 billion. The average EPS estimate is $1.30.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 506 members out of 511 rating the stock outperform, and five members rating it underperform. Among 154 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 154 give Kinder Morgan a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kinder Morgan is outperform, with an average price target of $41.17.
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The article Can Kinder Morgan Meet These Numbers? 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 recommends Kinder Morgan. The Motley Fool owns shares of Kinder Morgan. 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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