Equitrans Midstream (NYSE:ETRN) reported its Q2 earnings results on Tuesday, August 2, 2022 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Equitrans Midstream missed estimated earnings by 26.67%, reporting an EPS of $0.11 versus an estimate of $0.15.
Revenue was down $19.68 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 2.36% increase in the share price the next day.
Here’s a look at Equitrans Midstream’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.19 | 0.11 | 0.17 | 0.18 |
| EPS Actual | 0.14 | -0.07 | 0.13 | 0.13 |
| Revenue Estimate | 368.99M | 330.88M | 363.71M | 358.49M |
| Revenue Actual | 342.15M | 246.67M | 342.07M | 348.30M |
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.
