EQT Corp. (EQT) Misses Q1 EPS by 6c

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Go back to EQT Corp. (EQT) Misses Q1 EPS by 6c

EQT Reports First Quarter 2017 Earnings

April 27, 2017 6:25 AM EDT

Volume growth continues; production sales volume reiterated

PITTSBURGH--(BUSINESS WIRE)-- EQT Corporation (NYSE: EQT) today announced first quarter 2017 net income attributable to EQT of $164.0 million, or $0.95 earnings per diluted share (EPS), compared to first quarter 2016 net income attributable to EQT of $5.6 million, or $0.04 EPS. Net cash provided by operating activities was $514.8 million, $229.9 million higher than the first quarter 2016. Earnings and cash flow were higher primarily as a result of increases in commodity prices and produced volumes.

Adjusted net income attributable to EQT was $74.8 million for the quarter, compared to... More