Kinder Morgan Canada quarterly profit misses analysts’ forecasts

Pipeline operator Kinder Morgan Canada Ltd posted lower-than-expected quarterly profit on Wednesday in its first earnings report following its May spinoff from Houston-based Kinder Morgan Inc .

Kinder Morgan Canada reported net income of C$25.1 million ($19.9 million), or 11 cents per share, in the second quarter ended June 30, below analysts' average estimate of 14 cents per share, according to Thomson Reuters I/B/E/S.

(Reporting by Ethan Lou; Editing by Jim Finkle)