Recap: Equitrans Midstream Q4 Earnings

Equitrans Midstream ETRN reported its Q4 earnings results on Tuesday, February 20, 2024 at 06:30 AM.

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

Earnings

Equitrans Midstream beat estimated earnings by 60.0%, reporting an EPS of $0.32 versus an estimate of $0.2.

Revenue was up $5.37 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 1.69% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.11 0.08 0.15 0.13
EPS Actual 0.28 0.09 0.22 0.13
Revenue Estimate 326.44M 325.07M 362.72M 342.09M
Revenue Actual 338.51M 318.47M 376.34M 355.24M

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!