Investing.com - Kinder Morgan (NYSE:KMI) reported on Wednesday second quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Kinder Morgan announced earnings per share of $0.17 on revenue of $2.56B. Analysts polled by Investing.com anticipated EPS of $0.17 on revenue of $2.89B.
Kinder Morgan shares are down 29.76% from the beginning of the year and are trading at $14.75 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.4% from the start of the year.
Kinder Morgan shares lost 0.81% in after-hours trade the report.
Kinder Morgan follows other major Utilities sector earnings this month
Kinder Morgan's report follows an earnings missed by Avangrid Inc on Tuesday, who reported EPS of $0.32 on revenue of $1.39B, compared to forecasts EPS of $0.34 on revenue of $1.46B.
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