Kinder Morgan Inc. (KMI) - Get Kinder Morgan Inc Class P Report is expected to report net income of $524.1 million, or 24 cents a share, on sales of $3.5 billion after the market closes on Wednesday, based on a FactSet survey of 16 analysts.
In the same period a year ago, the company posted earnings of 21 cents a share on sales of $3.5 billion. It reported a loss of 143 million.
The stock has fallen 2.2% since the company last reported earnings on July 17.
Quarterly estimates have fallen less than 1 cent a share in the past month.
In the upcoming quarter, analysts are forecasting net income of $628.3 million, or 27 cents a share, on sales of $3.7 billion.
Kinder Morgan is currently trading at a price-to-forward-earnings ratio of 19.5 based on the 12-month estimates of 20 analysts surveyed by FactSet.
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Other S&P 500 financial results expected Wednesday:
International Business Machines (IBM) - Get International Business Machines Corporation Report : EPS $2.66, Sales $18.2 billion AMC