Kinetik Holdings Inc. (KNTK) Misses Q3 Earnings Estimates
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Kinetik Holdings Inc. (KNTK) reported Q3 earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.52 per share. This is an improvement from $0.21 per share a year ago.
November 07, 2024 | 1:00 am
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Kinetik Holdings Inc. reported Q3 earnings of $0.35 per share, missing the expected $0.52. Despite the miss, earnings improved from $0.21 a year ago.
Kinetik Holdings Inc. missed the earnings estimate, which is typically viewed negatively by investors, likely leading to a short-term decrease in stock price. However, the year-over-year improvement may mitigate some negative sentiment.
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