Equitrans Midstream (NYSE:ETRN) reported its Q4 earnings results on Tuesday, February 20, 2024 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Equitrans Midstream beat estimated earnings by 60.0%, reporting an EPS of $0.32 versus an estimate of $0.2.
Revenue was up $5.37 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.17 which was followed by a 1.69% drop in the share price the next day.
Here’s a look at Equitrans Midstream’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.08 | 0.15 | 0.13 |
| EPS Actual | 0.28 | 0.09 | 0.22 | 0.13 |
| Revenue Estimate | 326.44M | 325.07M | 362.72M | 342.09M |
| Revenue Actual | 338.51M | 318.47M | 376.34M | 355.24M |
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.
