Equitrans Midstream Corp expected to post earnings of 20 cents a share - Earnings Preview

Equitrans Midstream

16/02/2024 13:59

* Equitrans Midstream Corp  ETRN.N   ETRN.K  is expected
to show a
rise in quarterly revenue when it reports  results on February
20 for the period ending December 31 2023
    * The Pittsburgh Pennsylvania-based  company is expected to
report
a 3.3% increase in revenue to $366.87 million from $355.24
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Equitrans Midstream Corp
is
for earnings of 20 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 2 "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 $11.08​, above​ its last closing price
of $10.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.10        0.16       0.26      Beat    65.6
 Jun. 30 2023  0.10        0.11       0.09      Missed  -17.3
 Mar. 31 2023  0.16        0.14       0.22      Beat    53.1​
 Dec. 31 2022  0.13        0.13       0.13      Met     0.1
 ​​Sep.        0.13        0.13       0.09      Missed  -30
 30 2022                                                
 Jun. 30 2022  0.11        0.12       0.11      Missed  -5.3​
 Mar. 31 2022  0.19        0.19       0.14      Missed  -25.3
 Dec. 31 2021  0.04        0.11       -0.07     Missed  -163.7
 This summary was machine generated February 16 at 13:59 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)