Kinetik Holdings Inc expected to post earnings of 50  cents a share - Earnings Preview

Kinetik Holdings

05/08/2023 03:14

* Kinetik Holdings Inc  KNTK.N   KNTK.K  is expected to show
a
fall in quarterly revenue when it reports  results on August 7. 
    * The Houston Texas-based  company is expected to report  a
18.0% decrease in revenue to $275.233 million from $335.57
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Kinetik Holdings
Inc is
for earnings of 50 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Kinetik
Holdings
Inc is $39​, above​ its last closing price of $35.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.33        0.49       -0.06     Missed  -112.2
 Dec. 31 2023  0.67        0.66       0.25      Missed  -62.1
 Sep. 30 2022  0.56        0.62       1.04      Beat    67.2​
 Jun. 30 2022  0.69        0.69       0.06      Missed  -91.3
 ​​Mar.        0.62        0.70       0.56      Missed  -20.4
 31 2022                                                
 Dec. 31 2021  0.51        0.49       2.14      Beat    331.5​
 Sep. 30 2021  0.61        0.61       0.04      Missed  -93.5
 Jun. 30 2021  0.60        0.56       0.18      Missed  -68.1
 This summary was machine generated August 5 at 02:14 GMT.  All
figures in US dollars  unless otherwise stated