13.02.2024 22:34:31 - dpa-AFX: EQT Corporation Q4 Profit Decreases, misses estimates

WASHINGTON (dpa-AFX) - EQT Corporation (EQT) revealed a profit for fourth
quarter that decreased from the same period last year and missed the Street
estimates.

The company's earnings came in at $502.06 million, or $1.13 per share. This
compares with $1.71 billion, or $4.28 per share, in last year's fourth quarter.

Excluding items, EQT Corporation reported adjusted earnings of $214 million or
$0.48 per share for the period.

Analysts on average had expected the company to earn $0.52 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 41.4% to $2.04 billion from $3.48
billion last year.

EQT Corporation earnings at a glance (GAAP) :

-Earnings (Q4): $502.06 Mln. vs. $1.71 Bln. last year.
-EPS (Q4): $1.13 vs. $4.28 last year.
-Analyst Estimates: $0.52
-Revenue (Q4): $2.04 Bln vs. $3.48 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
EQT Corp A0RFZL NYSE 41,240 28.05.24 22:00:38 +1,090 +2,71% 41,250 41,600 40,520 40,150

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