S&P 500 (NYSE:SPY) component EQT Corporation (NYSE:EQT) will unveil its latest earnings tomorrow, Thursday, January 24, 2013. EQT offers energy products including natural gas, NGLs, and a limited amount of crude oil and services to wholesale and retail customers in the United States.
EQT Corporation Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of 43 cents per share, a decline of 28.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 46 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 43 cents during the last month. Analysts are projecting profit to rise by 37.5% versus last year to $1.40.
Past Earnings Performance: The company showed profit of 21 cents per share versus a mean estimate of net income of last quarter. This marks the fourth month of falling short of estimates.
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Here’s how EQT Corp traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: