Recap: Equitrans Midstream Q2 Earnings

Equitrans Midstream ETRN reported its Q2 earnings results on Tuesday, August 2, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Equitrans Midstream missed estimated earnings by 26.67%, reporting an EPS of $0.11 versus an estimate of $0.15.

Revenue was down $19.68 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 2.36% increase in the share price the next day.

Here's a look at Equitrans Midstream's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.19	0.11	0.17	0.18
EPS Actual	0.14	-0.07	0.13	0.13
Revenue Estimate	368.99M	330.88M	363.71M	358.49M
Revenue Actual	342.15M	246.67M	342.07M	348.30M

To track all earnings releases for Equitrans Midstream visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.