Kinder Morgan, Inc. (NYSE:KMI) just released its quarterly report and things are looking bullish. The company beat forecasts, with revenue of US$4.5b, some 6.8% above estimates, and statutory earnings per share (EPS) coming in at US$0.39, 25% ahead of expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

After the latest results, the nine analysts covering Kinder Morgan are now predicting revenues of US$18.5b in 2026. If met, this would reflect a credible 3.2% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to shrink 3.6% to US$1.50 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$18.0b and earnings per share (EPS) of US$1.47 in 2026. There doesn't appear to have been a major change in sentiment following the results, other than the slight bump in revenue estimates.

It may not be a surprise to see thatthe analysts have reconfirmed their price target of US$35.43, implying that the uplift in revenue is not expected to greatly contribute to Kinder Morgan's valuation in the near term. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic Kinder Morgan analyst has a price target of US$43.00 per share, while the most pessimistic values it at US$31.00. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting Kinder Morgan's growth to accelerate, with the forecast 6.5% annualised growth to the end of 2026 ranking favourably alongside historical growth of 0.1% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 3.6% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Kinder Morgan to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. The consensus price target held steady at US$35.43, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Kinder Morgan analysts - going out to 2028, and you can see them free on our platform here.

Don't forget that there may still be risks.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.