Equitrans Midstream Corp expected to post earnings of 11  cents a share - Earnings Preview

Equitrans Midstream

28/07/2023 17:15

* Equitrans Midstream Corp  ETRN.N   ETRN.K  is expected
to show a
rise in quarterly revenue when it reports  results on August 1. 
    * The Pittsburgh Pennsylvania-based  company is expected to
report
 a 0.4% increase in revenue to $329.995 million from $328.61
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Equitrans Midstream
Corp
is for earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Equitrans
Midstream Corp is $10.75​, above​ its last closing price
of $10.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.16        0.15       0.22      Beat    47.3
 Dec. 31 2023  0.13        0.13       0.13      Met     0.1
 Sep. 30 2022  0.13        0.13       0.09      Missed  -30​
 Jun. 30 2022  0.11        0.12       0.11      Missed  -5.3
 ​​Mar.        0.19        0.19       0.14      Missed  -25.3
 31 2022                                                
 Dec. 31 2021  0.04        0.11       -0.07     Missed  -163.7
                                                        ​
 Sep. 30 2021  0.17        0.18       0.13      Missed  -25.7
 Jun. 30 2021  0.16        0.18       0.13      Missed  -26.8
 This summary was machine generated July 28 at 16:15 GMT.  All
figures in US dollars  unless otherwise stated