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Kinder Morgan Inc. Q1 Earnings Rise

Kinder Morgan Inc. (KMI) released a profit for its first quarter that climbed from the same period last year.

The company's earnings totaled $556 million, or $0.24 per share. This compares with $485 million, or $0.22 per share, in last year's first quarter.

Analysts had expected the company to earn $0.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.3% to $3.43 billion from $3.42 billion last year.

Kinder Morgan Inc. earnings at a glance:

-Earnings (Q1): $556 Mln. vs. $485 Mln. last year.
-EPS (Q1): $0.24 vs. $0.22 last year.
-Analysts Estimate: $0.24
-Revenue (Q1): $3.43 Bln vs. $3.42 Bln last year.

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