EQT Q4 Adj EPS $0.48 Misses $0.52 Estimate, Adj Operating Revenues $1.55B Miss $1.57B Estimate
Portfolio Pulse from Benzinga Newsdesk
EQT Corporation reported Q4 adjusted earnings of $0.48 per share, missing the consensus estimate of $0.52, and adjusted operating revenues of $1.55 billion, missing the estimate of $1.57 billion. Despite these misses, both earnings and revenues showed an increase from the same period last year.
February 13, 2024 | 9:35 pm
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NEGATIVE IMPACT
EQT Corporation's Q4 earnings and revenue missed analyst estimates, but showed year-over-year growth.
Missing analyst estimates for both earnings per share and revenues typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. However, the year-over-year growth in both metrics may mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100