Kinetik Holdings Inc. (KNTK) Misses Q1 Earnings and Revenue Estimates

Kinetik Holdings Inc. (KNTK) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -78.26%. A quarter ago, it was expected that this company would post earnings of $0.37 per share when it actually produced earnings of $0.01, delivering a surprise of -97.30%.Over the last four quarters, the ...