EQT Earnings: What Investors Should Watch
EQT (NYSE:EQT) will report earnings before markets open on Thursday, July 25th. EQT Corporation is an integrated energy company with emphasis on Appalachian area natural-gas supply, transmission and distribution. The Company, through its subsidiaries, offer natural gas products to wholesale and retail customers.
Here is your Cheat Sheet to Eqt Earnings:
Earnings Expectations: Analysts expect earnings of $0.55 per share on revenues of $487.00 million. Currently, the company’s P/E ratio stands at 60.14.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.43 to a profit $0.52. For the current year, the average estimate is a profit of $2.45, which is better than the estimate ninety days ago.
Here’s how Eqt has been performing on an annual basis:
|Revenue ($) in millions||1,576||1,270||1,323||1,640||1,642|
|Diluted EPS ($)||2.00||1.19||1.57||3.19||1.22|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||337.80||364.06||489.79||558.66|
|Diluted EPS ($)||0.21||0.21||0.32||0.66|
Eqt has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)