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Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
66,000% upside on tiny biotech? (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Global shares mostly rise despite worries about US debt talks
The Easiest Way To Start Trading Options (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Why Your IRA Could Crash on June 16th (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
66,000% upside on tiny biotech? (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Global shares mostly rise despite worries about US debt talks
The Easiest Way To Start Trading Options (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Why Your IRA Could Crash on June 16th (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
66,000% upside on tiny biotech? (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Global shares mostly rise despite worries about US debt talks
The Easiest Way To Start Trading Options (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Why Your IRA Could Crash on June 16th (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
NASDAQ:KNTK

Kinetik (KNTK) Earnings Date, Estimates & Call Transcripts

$31.80
+0.25 (+0.79%)
(As of 05/19/2023 08:48 PM ET)
Compare
Today's Range
$31.35
$31.99
50-Day Range
$27.45
$32.23
52-Week Range
$26.32
$44.99
Volume
129,500 shs
Average Volume
247,084 shs
Market Capitalization
$4.55 billion
P/E Ratio
24.65
Dividend Yield
9.43%
Price Target
$37.50

Earnings Summary

Upcoming
Earnings Date
Aug. 8Estimated
Actual EPS
(Feb. 27)
$0.25 Missed By -$0.25
Consensus EPS
(Feb. 27)
$0.50
Last Year's Q4 EPS
(11/4/2021)
$0.63
Skip Charts & View Estimated and Actual Earnings Data

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 Forecasts

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20231$0.42$0.42$0.42
Q2 20231$0.44$0.44$0.44
Q3 20231$0.48$0.48$0.48
Q4 20231$0.52$0.52$0.52
FY 20234$1.86$1.86$1.86
Q1 20241$0.60$0.60$0.60
Q2 20241$0.64$0.64$0.64
Q3 20241$0.67$0.67$0.67
Q4 20241$0.57$0.57$0.57
FY 20244$2.48$2.48$2.48

KNTK Earnings Date and Information

Kinetik last posted its quarterly earnings data on February 27th, 2023. The reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.50 by $0.25. The firm earned $295.49 million during the quarter, compared to analysts' expectations of $248.87 million. Kinetik has generated $1.29 earnings per share over the last year ($1.29 diluted earnings per share) and currently has a price-to-earnings ratio of 24.7. Earnings for Kinetik are expected to grow by 43.31% in the coming year, from $1.57 to $2.25 per share. Kinetik has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 8th, 2023 based off prior year's report dates.

Kinetik Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/8/2023
(Estimated)
        
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
2/25/2021Q4 2020$0.24($2.79)($3.03)($13.67)$35.40 million
11/5/2020Q3 2020$0.27$0.1650($0.1050)$0.36$40.17 million
7/30/2020Q2 2020$0.11$1.08+$0.97$4.39$31.62 million
5/7/2020Q1 2020$0.20$0.10($0.10)$3.20$40.77 million
3/16/2020Q4 2019$87.70+$87.70$447.80$43.80 million
10/31/2019Q3 2019($0.70)($0.70)($1.40)$34.01 million
8/1/2019Q2 2019($0.70)($0.30)+$0.40($0.60)$24.14 million
5/2/2019Q1 2019$0.10+$0.10$0.20$33.85 million












Kinetik Earnings - Frequently Asked Questions

When is Kinetik's earnings date?

Kinetik has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 8th, 2023 based off last year's report dates. Learn more on KNTK's earnings history.

Did Kinetik beat their earnings estimates last quarter?

In the previous quarter, Kinetik (NASDAQ:KNTK) missed the analysts' consensus estimate of $0.50 by $0.25 with a reported earnings per share (EPS) of $0.25. Learn more on analysts' earnings estimate vs. KNTK's actual earnings.

How much revenue does Kinetik generate each year?

Kinetik (NASDAQ:KNTK) has a recorded annual revenue of $1.21 billion.

How much profit does Kinetik generate each year?

Kinetik (NASDAQ:KNTK) has a recorded net income of $250.72 million. KNTK has generated $1.29 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 24.65 and a forward price-to-earnings ratio of 20.25. The price/earnings-to-growth ratio is 1.53.

What is Kinetik's EPS forecast for next year?

Kinetik's earnings are expected to grow from $1.57 per share to $2.25 per share in the next year, which is a 43.31% increase.

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This page (NASDAQ:KNTK) was last updated on 5/22/2023 by MarketBeat.com Staff

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