Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Recap: Kinetik Holdings Q4 Earnings

Author: Benzinga Insights | February 28, 2024 05:55pm

Kinetik Holdings (NYSE:KNTK) reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Kinetik Holdings beat estimated earnings by 262.0%, reporting an EPS of $1.7 versus an estimate of $0.47.

Revenue was up $53.38 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.39 which was followed by a 4.0% drop in the share price the next day.

Here's a look at Kinetik Holdings's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.60 0.32 0.49 0.66
EPS Actual 0.21 0.41 -0.06 0.25
Revenue Estimate 312.72M 296.33M 247.51M 259.42M
Revenue Actual 330.30M 296.20M 281.04M 295.49M

To track all earnings releases for Kinetik Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: KNTK