Earnings Outlook For Equitrans Midstream
Portfolio Pulse from Benzinga Insights
Equitrans Midstream (NYSE:ETRN) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $0.08. The company's past performance shows a pattern of beating EPS estimates, but this has not always led to an immediate increase in share price. The stock is currently trading at $10.33 and has seen a 19.28% increase over the last 52-week period.
July 31, 2023 | 8:04 pm
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Equitrans Midstream is expected to report an EPS of $0.08 in its upcoming earnings. The company's history of beating EPS estimates has not consistently resulted in immediate stock price increases. The stock has risen 19.28% over the past year.
The upcoming earnings report is a significant event for Equitrans Midstream. However, the company's history shows that beating EPS estimates does not always lead to an immediate increase in stock price. Therefore, the impact on the stock price in the short term is uncertain. The stock's positive performance over the past year may indicate investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100