Equitrans Midstream: Q3 Earnings Insights

Equitrans Midstream: Q3 Earnings Insights

Equitrans Midstream ETRN reported its Q3 earnings results on Tuesday, November 1, 2022 at 06:30 AM.

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

Earnings

Equitrans Midstream missed estimated earnings by 30.77%, reporting an EPS of $0.09 versus an estimate of $0.13.

Revenue was down $10.32 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 0.23% increase in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.15 0.19 0.11 0.17
EPS Actual 0.11 0.14 -0.07 0.13
Revenue Estimate 337.34M 368.99M 330.88M 363.71M
Revenue Actual 328.61M 342.15M 246.67M 342.07M

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.

Posted In: BZI-RecapsEarnings