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Thursday, February 15, 2018

=EQT Corp. (EQT) reported earnings on Thur 15 Feb 2018 (b/o)



EQT Corp. beats by $0.53, beats on revs 
  • Reports Q4 (Dec) earnings of $0.76 per share, excluding non-recurring items, $0.53 better than the Capital IQ Consensus of $0.23; revenues rose 197.9% year/year to $1.13 bln vs the $0.91 bln Capital IQ Consensus.
    • Adjusted earnings for the year-ended December 31, 2017, were higher primarily due to increased commodity prices and sales volume, partly offset by higher operating expenses. Adjusted cash flow for year-ended December 31, 2017, includes $183 million of transaction-related expenses.
  • 2018 guidance 
    • Total production sales volume (Bcfe) 350 -- 360 in Q1,  1,520 -- 1,560 for FY18.

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