Kinetik Holdings Inc. (KNTK) Misses Q3 EPS by 10c ; Provides Outlook

Kinetik Holdings Inc. (NYSE: KNTK) reported Q3 EPS of $0.35, $0.10 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $396.36 million versus the consensus estimate of $331.21 million.

Outlook:-

Raising the Company’s 2024 Adjusted EBITDA1 Guidance range to $970 million to $1 billion and tightening Capital Expenditures2 Guidance range to $270 million to $290 million

For earnings history and earnings-related data on Kinetik Holdings Inc. (KNTK) click here.

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