Is a Beat Likely for Kinder Morgan (KMI) in Q4 Earnings?
Kinder Morgan, Inc. KMI is scheduled to report fourth-quarter 2019 earnings on Jan 22. The energy infrastructure company’s earnings missed the Zacks Consensus Estimate only once and met the same thrice in the trailing four quarters, with the average negative surprise being 1.1%. The consensus estimate for fourth-quarter revenues of $3.7 billion indicates a 1.5% decline from the year-ago reported figure. What the Quantitative Model Suggests. This is because it has the right combination of a positive Earnings ESP and a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold).