Recap: Kinetik Holdings Q4 Earnings - Kinetik Holdings (NYSE:KNTK)

Kinetik Holdings 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.