Kinder Morgan (KMI) Reports In-Line Q1 EPS

Kinder Morgan (NYSE: KMI) reported Q1 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $3.42 billion versus the consensus estimate of $3.35 billion.

President and CEO Steve Kean said, “We are pleased with our operational performance, which is slightly ahead of guidance we provided in January for the quarter, and we remain on target for the year. We generated earnings per common share for the quarter of $0.18 and distributable cash flow of $0.54 per common share, resulting in $935 million of excess distributable cash flow above our dividend.”

For earnings history and earnings-related data on Kinder Morgan (KMI) click here.

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