EQT Midstream Partners (EQM) Misses Q3 EPS by 8c, Revenues Beat

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Q3 2018 Results Announced For EQM Midstream Partners And EQGP Holdings

October 25, 2018 6:20 AM EDT

PITTSBURGH--(BUSINESS WIRE)-- EQM Midstream Partners, LP (NYSE: EQM) today announced third quarter 2018 results, including net income of $209.9 million, adjusted EBITDA of $280.1million, net cash provided by operating activities of $242.6 million, and distributable cash flow of $218.6 million. EQM operating income was $233.5 million, which was 60% higher than last year. The Non-GAAP Disclosures section of this news release provides reconciliations of non-GAAP financial measures to their most comparable GAAP financial measure as well as important disclosures regarding projected adjusted EBITDA and projected distributable cash flow.

EQGP Holdings, LP (NYSE:... More