Kinder Morgan Earnings, Revenue beat in Q1 By Investing.com

Kinder Morgan (NYSE:KMI) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Kinder Morgan announced earnings per share of $0.6 on revenue of $5.21B. Analysts polled by Investing.com anticipated EPS of $0.2392 on revenue of $3.02B.

Kinder Morgan shares are up 30% from the beginning of the year and are trading at $17.17 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.08% from the start of the year.

Kinder Morgan shares gained 2.81% in after-hours trade the report.

Kinder Morgan follows other major Utilities sector earnings this month

Kinder Morgan’s report follows an earnings beat by NextEra Energy on Wednesday, who reported EPS of $0.67 on revenue of $3.73B, compared to forecasts EPS of $0.5778 on revenue of $4.9B.

EON SE had beat expectations on March 24 with first quarter EPS of $0.2366 on revenue of $20.86B, compared to forecast for EPS of $0.2308 on revenue of $38.14B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar