Kinetik (KNTK) Earnings Date, Estimates & Call Transcripts

$39.03
+0.57 (+1.48%)
(As of 04/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 8
After Market Closes
Confirmed
Actual EPS
(Feb. 28)
$1.70 Beat By $1.24
Consensus EPS
(Feb. 28)
$0.46
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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$0.41$0.41$0.41
Q2 20241$0.45$0.45$0.45
Q3 20241$0.50$0.50$0.50
Q4 20241$0.55$0.55$0.55
FY 20244$1.91$1.91$1.91
Q1 20251$0.51$0.51$0.51
Q2 20251$0.56$0.56$0.56
Q3 20251$0.60$0.60$0.60
Q4 20251$0.66$0.66$0.66
FY 20254$2.33$2.33$2.33

KNTK Earnings Date and Information

Kinetik last posted its quarterly earnings results on February 28th, 2024. The reported $1.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $1.24. The business earned $348.87 million during the quarter, compared to analyst estimates of $301.49 million. Its revenue was up 18.1% 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 17.3. Earnings for Kinetik are expected to grow by 15.74% in the coming year, from $1.97 to $2.28 per share. Kinetik has confirmed that its next quarterly earnings report will be published on Wednesday, May 8th, 2024. Kinetik will be holding an earnings conference call on Thursday, May 9th at 9:00 AM Eastern. Interested parties can register for or listen to the call..

Kinetik Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/8/2024
Confirmed)
-------  
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
5/6/2021Q1 2021$0.71$1.77+$1.06$7.03-$34.15 million

Kinetik Earnings - Frequently Asked Questions

When is Kinetik's earnings date?

Kinetik has confirmed that its next quarterly earnings data will be published on Wednesday, May 8th, 2024. Learn more on KNTK's earnings history.

Did Kinetik beat their earnings estimates last quarter?

In the previous quarter, Kinetik (NASDAQ:KNTK) reported $1.70 earnings per share (EPS) to beat the analysts' consensus estimate of $0.46 by $1.24. 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 $1.26 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 17.27 and a forward price-to-earnings ratio of 19.81. The price/earnings-to-growth ratio is 2.41.

What is Kinetik's EPS forecast for next year?

Kinetik's earnings are expected to grow from $1.97 per share to $2.28 per share in the next year, which is a 15.74% increase.


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This page (NASDAQ:KNTK) was last updated on 4/28/2024 by MarketBeat.com Staff

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