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Kinetik (KNTK) Earnings Date, Estimates & Call Transcripts

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$39.24
-0.13 (-0.33%)
(As of 01:51 PM ET)
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Earnings Summary

Upcoming
Earnings Date
Aug. 5Estimated
Actual EPS
(May. 8)
$0.12 Missed By -$0.32
Consensus EPS
(May. 8)
$0.44
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Earnings Per ShareRevenue

KNTK Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

KNTK Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Kinetik Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$0.44$0.44$0.44
Q2 20241$0.48$0.48$0.48
Q3 20241$0.54$0.54$0.54
Q4 20241$0.59$0.59$0.59
FY 20244$2.05$2.05$2.05
Q1 20251$0.56$0.56$0.56
Q2 20251$0.62$0.62$0.62
Q3 20251$0.66$0.66$0.66
Q4 20251$0.72$0.72$0.72
FY 20254$2.56$2.56$2.56

KNTK Earnings Date and Information

Kinetik last announced its earnings results on May 8th, 2024. The reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.44 by $0.32. The firm had revenue of $341.39 million for the quarter, compared to analyst estimates of $277.52 million. Its revenue for the quarter was up 21.5% on a year-over-year basis. Kinetik has generated $2.26 earnings per share over the last year ($2.26 diluted earnings per share) and currently has a price-to-earnings ratio of 17.5. Earnings for Kinetik are expected to grow by 38.79% in the coming year, from $2.32 to $3.22 per share. Kinetik has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, August 5th, 2024 based off prior year's report dates.

Kinetik Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/5/2024
Estimated)		------- 
5/8/2024Q1 2024$0.44$0.12($0.32)$0.12$277.52 million$341.39 million  
2/28/2024Q4 2023$0.46$1.70+$1.24$1.70$301.49 million$348.87 million      
11/8/2023Q3 2023$0.49$0.21($0.28)$0.21$299.26 million$330.30 million    
8/7/2023Q2 2023$0.32$0.41+$0.09$0.41$296.33 million$296.20 million
5/3/2023Q1 2023$0.37($0.06)($0.43)($0.06)$309.50 million$281.04 million
2/27/2023Q4 2022$0.50$0.25($0.25)$0.25$248.87 million$295.49 million
11/9/2022Q3 2022$0.63$1.04+$0.41$1.04$280.71 million$325.18 million
8/9/2022Q2 2022$0.61$2.39+$1.78$4.72-$335.57 million
5/10/2022Q1 2022$0.63$0.18($0.45)$0.25-$257.25 million
11/4/2021Q3 2021$0.64$0.63($0.01)$1.26-$34.55 million
8/5/2021Q2 2021$0.7250$0.6550($0.07)$1.31-$35.59 million

Kinetik Earnings - Frequently Asked Questions

When is Kinetik's earnings date?

Kinetik has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, August 5th, 2024 based off last year's report dates. Learn more on KNTK's earnings history.

Did Kinetik beat their earnings estimates last quarter?

In the previous quarter, Kinetik (NASDAQ:KNTK) missed the analysts' consensus estimate of $0.44 by $0.32 with a reported earnings per share (EPS) of $0.12. Learn more on analysts' earnings estimate vs. KNTK's actual earnings.

How can I listen to Kinetik's earnings conference call?

The conference call for Kinetik's latest earnings report can be listened to online. Listen to Conference Call

How much revenue does Kinetik generate each year?

Kinetik (NASDAQ:KNTK) has a recorded annual revenue of $1.26 billion.

How much profit does Kinetik generate each year?

Kinetik (NASDAQ:KNTK) has a recorded net income of $386.45 million. KNTK has generated $2.26 earnings per share over the last four quarters.

What is Kinetik's price-to-earnings ratio?

Kinetik (NASDAQ:KNTK) has a trailing price-to-earnings ratio of 17.47 and a forward price-to-earnings ratio of 17.02. The price/earnings-to-growth ratio is 2.

What is Kinetik's EPS forecast for next year?

Kinetik's earnings are expected to grow from $2.32 per share to $3.22 per share in the next year, which is a 38.79% increase.


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This page (NASDAQ:KNTK) was last updated on 5/9/2024 by MarketBeat.com Staff

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