Revenue Snapshot for EQT

EQT EQT is expected to release its latest quarterly earnings report on Tuesday 2023-07-25. Here's what investors need to know ahead of the announcement.

Analysts estimate EQT will earn earnings per share (EPS) of -$0.20.

EQT bulls are hoping to hear the company announce that it not only beat that estimate, but also provides positive indications or expected growth for the next quarter.

New investors should note that sometimes it's not an earnings overshoot or miss that most affects a stock's price, but direction (or forecast).

Past Earnings Performance

Last quarter, the company beat EPS by $0.43, followed by a 6.95% increase in share price the next day.

Here is an overview of EQT's past performance and the resulting price change:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022 EPS estimate 1.27 0.52 1.10 0.79 Actual EPS 1.70 0.42 1.04 0.83 Price change % 6.95% 3.95% 0.26% -5.02% Stock performance

EQT shares were trading at $39.9 as of July 21. Over the past 52-week period, shares are down 13.21%. Since these returns are typically negative, long-term shareholders are likely a little upset as we approach this earnings release.

To follow all earnings releases for EQT, visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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