Kinetik (KNTK) Earnings Date, Estimates & Call Transcripts

$44.13

-0.29 (-0.65%)

(As of 09/6/2024 ET)

Upcoming Earnings Date: Nov. 13Estimated
Actual EPS (Aug. 7): $0.54 Beat By $0.11
Consensus EPS (Aug. 7): $0.43

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.

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Kinetik Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2024	1	$0.44	$0.44	$0.44
Q2 2024	1	$0.38	$0.38	$0.38
Q3 2024	1	$0.43	$0.43	$0.43
Q4 2024	1	$0.48	$0.48	$0.48
FY 2024	4	$1.73	$1.73	$1.73
Q1 2025	1	$0.48	$0.48	$0.48
Q2 2025	1	$0.56	$0.56	$0.56
Q3 2025	1	$0.64	$0.64	$0.64
Q4 2025	1	$0.71	$0.71	$0.71
FY 2025	4	$2.39	$2.39	$2.39

KNTK Earnings Date and Information

Kinetik last posted its quarterly earnings results on August 7th, 2024. The reported $0.54 EPS for the quarter, topping the consensus estimate of $0.43 by $0.11. The company had revenue of $359.50 million for the quarter, compared to analyst estimates of $305.94 million. Its quarterly revenue was up 21.4% compared to the same quarter last year. Kinetik has generated $2.44 earnings per share over the last year ($2.44 diluted earnings per share) and currently has a price-to-earnings ratio of 18.1. Earnings for Kinetik are expected to grow by 88.49% in the coming year, from $1.39 to $2.62 per share. Kinetik has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, November 13th, 2024 based off prior year's report dates.

Kinetik Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/13/2024 (Estimated)	-	-	-	-	-	-	-
8/7/2024	Q2 2024	$0.43	$0.54	+$0.11	($1.02)	$305.94 million	$359.50 million
5/8/2024	Q1 2024	$0.44	$0.12	($0.32)	$0.12	$277.52 million	$341.39 million
2/28/2024	Q4 2023	$0.46	$1.70	+$1.24	$1.70	$301.49 million	$348.87 million
11/8/2023	Q3 2023	$0.49	$0.21	($0.28)	$0.21	$299.26 million	$330.30 million
8/7/2023	Q2 2023	$0.32	$0.41	+$0.09	$0.41	$296.33 million	$296.20 million
5/3/2023	Q1 2023	$0.37	($0.06)	($0.43)	($0.06)	$309.50 million	$281.04 million
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2/27/2023	Q4 2022	$0.50	$0.25	($0.25)	$0.25	$248.87 million	$295.49 million
11/9/2022	Q3 2022	$0.63	$1.04	+$0.41	$1.04	$280.71 million	$325.18 million
8/9/2022	Q2 2022	$0.61	$2.39	+$1.78	$4.72	-	$335.57 million
5/10/2022	Q1 2022	$0.63	$0.18	($0.45)	$0.25	-	$257.25 million
11/4/2021	Q3 2021	$0.64	$0.63	($0.01)	$1.26	-	$34.55 million
8/5/2021	Q2 2021	$0.7250	$0.6550	($0.07)	$1.31	-	$35.59 million
5/6/2021	Q1 2021	$0.71	$1.77	+$1.06	$7.03	-	$34.15 million
2/25/2021	Q4 2020	$0.24	($2.79)	($3.03)	($13.67)	-	$35.40 million
11/5/2020	Q3 2020	$0.27	$0.1650	($0.1050)	$0.36	-	$40.17 million
7/30/2020	Q2 2020	$0.11	$1.08	+$0.97	$4.39	-	$31.62 million
5/7/2020	Q1 2020	$0.20	$0.10	($0.10)	$3.20	-	$40.77 million
3/16/2020	Q4 2019	-	$87.70	+$87.70	$447.80	-	$43.80 million
10/31/2019	Q3 2019	($0.70)	($0.70)	-	($1.40)	-	$34.01 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 Wednesday, November 13th, 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) reported $0.54 earnings per share (EPS) to beat the analysts' consensus estimate of $0.43 by $0.11. 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 can I read Kinetik's conference call transcript?: The conference call transcript for Kinetik's latest earnings report can be read online. Read Transcript
How can I view Kinetik's earnings report?: Kinetik's earnings report can be found in their filing with the SEC. View SEC filing
How much revenue does Kinetik generate each year?: Kinetik (NASDAQ:KNTK) has a recorded annual revenue of $1.38 billion.
How much profit does Kinetik generate each year?: Kinetik (NASDAQ:KNTK) has a recorded net income of $386.45 million. KNTK has generated $2.44 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 18.09 and a forward price-to-earnings ratio of 31.75. The price/earnings-to-growth ratio is 2.36.
What is Kinetik's EPS forecast for next year?: Kinetik's earnings are expected to grow from $1.39 per share to $2.62 per share in the next year, which is a 88.49% increase.