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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.
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.
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