Kinder Morgan, Inc. Q3 adjusted earnings Miss Estimates

Kinder Morgan, Inc. (KMI) reported earnings for its third quarter that climbed from the same period last year.

The company's bottom line totaled $495 million, or $0.22 per share. This compares with $455 million, or $0.20 per share, in last year's third quarter.

Excluding items, Kinder Morgan, Inc. reported adjusted earnings of $505 million or $0.22 per share for the period.

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 30.8% to $3.82 billion from $2.92 billion last year.

Kinder Morgan, Inc. earnings at a glance:

-Earnings (Q3): $505 Mln. vs. $485 Mln. last year.
-EPS (Q3): $0.22 vs. $0.21 last year.
-Analysts Estimate: $0.24
-Revenue (Q3): $3.82 Bln vs. $2.92 Bln last year.

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