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Kinetik (KNTK) Earnings Date, Estimates & Call Transcripts

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$57.69 +0.63 (+1.10%)
(As of 11/15/2024 ET)

Kinetik Latest Earnings Summary

Upcoming Q4
Earnings Date
Feb. 26Estimated
Actual EPS
(Nov. 6)
$0.35 Missed By -$0.10
Consensus EPS
(Nov. 6)
$0.45

Kinetik released Q3 2024 earnings on November 6, 2024, reporting an EPS of $0.35, which missed the consensus estimate of $0.45 by $0.10. Quarterly revenue rose 20.0% year-over-year to $396.40 million, above analysts' expectations of $331.21 million. With a trailing EPS of $2.71 and a P/E Ratio of 21.29, Kinetik's earnings are expected to grow 82.88% next year, from $1.46 to $2.67 per share.

KNTK Upcoming Earnings

Kinetik's next earnings date is estimated for Wednesday, February 26, 2025, based off prior year's reporting schedules.

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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$0.38$0.38$0.38
Q3 20241$0.43$0.43$0.43
Q4 20241$0.48$0.48$0.48
FY 20244$1.73$1.73$1.73
Q1 20251$0.48$0.48$0.48
Q2 20251$0.56$0.56$0.56
Q3 20251$0.64$0.64$0.64
Q4 20251$0.71$0.71$0.71
FY 20254$2.39$2.39$2.39

Kinetik Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
2/26/2025
(Estimated)
------- 
11/6/2024Q3 2024$0.45$0.35 -$0.10$0.35$331.21M$396.40M        
8/7/2024Q2 2024$0.43$0.54+$0.11-$1.02$305.94M$359.50M          
5/8/2024Q1 2024$0.44$0.12 -$0.32$0.12$277.52M$341.39M          
2/28/2024Q4 2023$0.46$1.70+$1.24$1.70$301.49M$348.87M          
11/8/2023Q3 2023$0.49$0.21 -$0.28$0.21$299.26M$330.30M        
8/7/2023Q2 2023$0.32$0.41+$0.09$0.41$296.33M$296.20M    
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5/3/2023Q1 2023$0.37-$0.06 -$0.43-$0.06$309.50M$281.04M    
2/27/2023Q4 2022$0.50$0.25 -$0.25$0.25$248.87M$295.49M    

Kinetik Earnings - Frequently Asked Questions

Kinetik has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, February 26th, 2025 based off last year's report dates. Learn more on KNTK's earnings history.

In the previous quarter, Kinetik (NASDAQ:KNTK) missed the analysts' consensus estimate of $0.45 by $0.10 with a reported earnings per share (EPS) of $0.35. Learn more on analysts' earnings estimate vs. KNTK's actual earnings.

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

The conference call transcript for Kinetik's latest earnings report can be read online.
Read Transcript

Kinetik (NASDAQ:KNTK) has a recorded annual revenue of $1.45 billion.

Kinetik (NASDAQ:KNTK) has a recorded net income of $386.45 million. KNTK has generated $2.71 earnings per share over the last four quarters.

Kinetik (NASDAQ:KNTK) has a trailing price-to-earnings ratio of 21.29 and a forward price-to-earnings ratio of 39.51. The price/earnings-to-growth ratio is 2.59.

Kinetik's earnings are expected to grow from $1.46 per share to $2.67 per share in the next year, which is a 82.88% increase.

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This page (NASDAQ:KNTK) was last updated on 11/16/2024 by MarketBeat.com Staff
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