2 Stocks Popping Upward on Trading Screens After Earnings

EQT Corporation (NYSE:EQT) reported net income above Wall Street’s expectations for the fourth quarter. Net income for EQT Corporation rose to $90.8 million (60 cents per share) vs. $73.1 million (49 cents per share) in the same quarter a year earlier. This marks a rise of 24.3% from the year earlier quarter. Revenue rose 34.3% to $498.5 million from the year earlier quarter. EQT beat the mean analyst estimate of 54 cents per share. It beat the average revenue estimate of $357.4 million.

Competitors to Watch: MarkWest Energy Partners, L.P. (NYSE:MWE), Williams Companies, Inc. (NYSE:WMB), Chevron Corporation (NYSE:CVX), Exxon Mobil Corporation (NYSE:XOM), Marathon Oil Corporation (NYSE:MRO), Southwestern Energy Co. (NYSE:SWN), BG Group plc (BRGYY), Talisman Energy Inc. (NYSE:TLM), Enterprise Products Partners L.P. (NYSE:EPD), and Questar Corporation (NYSE:STR).

Ball Corporation (NYSE:BLL) reported its results for the fourth quarter. Net income for the packaging and containers company fell to $77.5 million (47 cents per share) vs. $92.2 million (52 cents per share) a year earlier. This is a decline of 15.9% from the year earlier quarter. Revenue rose 2.8% to $2.05 billion from the year earlier quarter. BLL reported adjusted net income of 48 cents per share. By that measure, the company fell short of mean estimate of 54 cents per share. Analysts were expecting revenue of $2.07 billion.

“Ball Corporation’s 2011 full-year comparable earnings per share increased more than 15 percent compared to 2010, in an economic environment that remains challenging across much of the world,” said John A. Hayes, president and chief executive officer. “Our improved 2011 performance was the result of maximizing value in our existing businesses, expanding into new products and capabilities, broadening our geographic reach, aligning ourselves with the right customers and markets and leveraging our technological expertise – all key strategies in our Drive for 10 vision to achieve continued long-term growth.”

Competitors to Watch: Crown Holdings, Inc. (NYSE:CCK), Silgan Holdings Inc. (NASDAQ:SLGN), Bway Holding Company (BWY), and Dominguez y Cia., S.A. (NYSE:DOM).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com