July 17, 2019 / 8:51 PM / 5 months ago

Kinder Morgan second-quarter earnings miss Wall Street estimates by a penny

HOUSTON (Reuters) - Kinder Morgan Inc (KMI.N) swung to a profit in the second quarter because of greater earnings from natural gas pipelines and fewer impairment charges, but missed Wall Street estimates, the company reported on Wednesday.

The pipeline operator posted earnings of 23 cents a share, a penny below Refinitiv estimates. The company’s shares traded down nearly 2% at $20.21 after-hours.

Reporting by Collin Eaton in Houston; Editing by Marguerita Choy

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