Equitrans Midstream (NYSE:ETRN) reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Equitrans Midstream missed estimated earnings by 26.32%, reporting an EPS of $0.14 versus an estimate of $0.19.
Revenue was down $37.85 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.18 which was followed by a 0.63% drop in the share price the next day.
Here's a look at Equitrans Midstream's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.17 | 0.18 | 0.22 |
| EPS Actual | -0.07 | 0.13 | 0.13 | 0.19 |
| Revenue Estimate | 330.88M | 363.71M | 358.49M | 378.77M |
| Revenue Actual | 246.67M | 342.07M | 348.30M | 380.00M |
To track all earnings releases for Equitrans Midstream visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
