Equitrans Midstream (ETRN) Earnings Date, Estimates & Call Transcripts

$13.66
+0.22 (+1.64%)
(As of 05/3/2024 08:52 PM ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 6Estimated
Actual EPS
(Apr. 30)
$0.23 Beat By $0.03
Consensus EPS
(Apr. 30)
$0.20
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ETRN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ETRN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Equitrans Midstream Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$0.30$0.30$0.30
Q2 20241$0.09$0.09$0.09
Q3 20241$0.27$0.27$0.27
Q4 20241$0.28$0.28$0.28
FY 20244$0.94$0.94$0.94
Q1 20251$0.30$0.30$0.30
Q2 20251$0.26$0.26$0.26
Q3 20251$0.27$0.27$0.27
Q4 20251$0.29$0.29$0.29
FY 20254$1.12$1.12$1.12

ETRN Earnings Date and Information

Equitrans Midstream last released its earnings data on April 30th, 2024. The reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.03. The business had revenue of $364.27 million for the quarter, compared to analysts' expectations of $345.79 million. Its revenue was down 3.2% on a year-over-year basis. Equitrans Midstream has generated $0.90 earnings per share over the last year ($0.90 diluted earnings per share) and currently has a price-to-earnings ratio of 15.2. Earnings for Equitrans Midstream are expected to grow by 31.40% in the coming year, from $0.86 to $1.13 per share. Equitrans Midstream has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 6th, 2024 based off prior year's report dates.

Equitrans Midstream Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/6/2024
Estimated)
------- 
4/30/2024Q1 2024$0.20$0.23+$0.03$0.25$345.79 million$364.27 million
2/20/2024Q4 2023$0.16$0.32+$0.16$0.33$348.04 million$360.60 million    
10/31/2023Q3 2023$0.16$0.28+$0.12$0.30$333.49 million$338.51 million
8/1/2023Q2 2023$0.09$0.09-$0.06$311.21 million$318.50 million    
5/2/2023Q1 2023$0.14$0.22+$0.08$0.24$360.73 million$376.30 million    
2/21/2023Q4 2022$0.13$0.13-$0.11$336.26 million$355.24 million      
11/1/2022Q3 2022$0.13$0.09($0.04)$1.38$364.03 million$331.75 million
8/2/2022Q2 2022$0.11$0.11-$0.09$338.79 million$328.61 million    
5/3/2022Q1 2022$0.15$0.14($0.01)$0.08$380.59 million$342.15 million    
2/22/2022Q4 2021$0.17($0.07)($0.24)$3.54$351.62 million$246.70 million    
11/1/2021Q3 2021$0.17$0.13($0.04)$0.09$251.51 million$342.07 million    
8/3/2021Q2 2021$0.15$0.13($0.02)$0.21$340.87 million$348.30 million    

Equitrans Midstream Earnings - Frequently Asked Questions

When is Equitrans Midstream's earnings date?

Equitrans Midstream has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 6th, 2024 based off last year's report dates. Learn more on ETRN's earnings history.

Did Equitrans Midstream beat their earnings estimates last quarter?

In the previous quarter, Equitrans Midstream (NYSE:ETRN) reported $0.23 earnings per share (EPS) to beat the analysts' consensus estimate of $0.20 by $0.03. Learn more on analysts' earnings estimate vs. ETRN's actual earnings.

How much revenue does Equitrans Midstream generate each year?

Equitrans Midstream (NYSE:ETRN) has a recorded annual revenue of $1.39 billion.

How much profit does Equitrans Midstream generate each year?

Equitrans Midstream (NYSE:ETRN) has a recorded net income of $445.23 million. ETRN has generated $0.90 earnings per share over the last four quarters.

What is Equitrans Midstream's price-to-earnings ratio?

Equitrans Midstream (NYSE:ETRN) has a trailing price-to-earnings ratio of 15.18 and a forward price-to-earnings ratio of 15.88. The price/earnings-to-growth ratio is 1.85.

What is Equitrans Midstream's EPS forecast for next year?

Equitrans Midstream's earnings are expected to grow from $0.86 per share to $1.13 per share in the next year, which is a 31.40% increase.


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This page (NYSE:ETRN) was last updated on 5/6/2024 by MarketBeat.com Staff

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