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Stock impact report

Why Is EQT (EQT) Up 17.4% Since Last Earnings Report? [Yahoo! Finance]

EQT Corporation (EQT) 
Last eqt corporation earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is EQT due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. EQT Corporation is among the leading upstream energy players producing natural gas, with a solid footprint in the prolific Appalachian Basin. In the United States, it ranks as one of the largest natural gas producers in terms of average daily sales volumes. In the third quarter, the company's total sales volumes were recorded at 581.4 billion cubic feet equivalent, the majority of which is natural gas. The natural gas producer reported earnings from continuing operations of 12 cents per share, which beat the Zacks Consensus Estimate of 5 cents. The bottom line was, however, lower than the year-ago quarter's profit of 30 cents. Adjusted operating revenues increased to $1.38 billion fr Show less Read more
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