Energy Transfer (NYSE:ET) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Energy Transfer beat estimated earnings by 11.43%, reporting an EPS of $0.39 versus an estimate of $0.35.
Revenue was up $10.84 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 3.31% drop in the share price the next day.
Here’s a look at Energy Transfer’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.32 | 0.28 | 0.28 | 0.26 |
| EPS Actual | 0.37 | 0.29 | 0.20 | 0.20 |
| Revenue Estimate | 18.76B | 16.59B | 15.53B | 15.42B |
| Revenue Actual | 20.49B | 18.66B | 16.66B | 15.10B |
To track all earnings releases for Energy Transfer visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.