EQT (NYSE:EQT) reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
EQT beat their estimated earnings by 340.0%, reporting an EPS of $0.12 versus an estimate of $-0.05, which surprised analysts.
Revenue was up $982,873,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04, which was followed by a 9.93% drop in the share price the next day.
Here’s a look at EQT’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.03 | 0.26 | -0.25 | -0.24 |
| EPS Actual | 0.07 | 0.30 | -0.02 | -0.15 |
| Revenue Estimate | 995.09M | 1.09B | 891.33M | 844.65M |
| Revenue Actual | 996.88M | 949.92M | 1.25B | 172.13M |
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