EQT Corporation (NYSE:EQT) is reporting second quarter earnings results on Monday 27th July 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.14 per share.
For the full year, analysts predict revenues of $ 3608.99 million, while looking forward to loss of $ 0.25 per share.
Previous Quarter Performance
EQT Corporation recorded income for the first quarter of $ 0.14 per share, from the revenue of $ 1,107.00 million. The quarterly earnings down 83.13 percent while revenues dropped 8.54 percent compared with the same quarter last year. According to street consensus, revenue of $ 907.75 million was expected for the first quarter The top line results outshined analysts by $ 199.25 million or 21.95 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of EQT Corporation
Stock Performance
According to the previous trading day, closing price of EQT was $ 14.17, representing a 236.58 % increase from the 52 week low of $ 4.21 and a 17.42 % decrease over the 52 week high of $ 17.16.
The company has a market capital of $ 3.62 billion and is part of the Energy sector and Oil & Gas E&P industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”EQT” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 25th June 2020, maintained by Wells Fargo & Co at Overweight rating, with $ 17.00 target price.
Conference Call
EQT Corporation will be hosting a conference call at 10:30 AM eastern time on 27th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.eqt.com
EQT Corporation operates as a natural gas production company in the United States. It produces natural gas, natural gas liquids (NGLs), and crude oil. As of December 31, 2018, this segment had 21.8 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 1.4 million gross acres.
