EQT (NYSE: EQT ) is expected to report Q4 earnings around Jan. 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict EQT's revenues will expand 15.9% and EPS will contract -25.0%.
The average estimate for revenue is $428.9 million. On the bottom line, the average EPS estimate is $0.45.
Last quarter, EQT chalked up revenue of $364.1 million. GAAP reported sales were 0.4% higher than the prior-year quarter's $362.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.24. GAAP EPS of $0.21 for Q3 were 82% lower than the prior-year quarter's $1.19 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 74.2%, 40 basis points better than the prior-year quarter. Operating margin was 23.6%, 1,360 basis points worse than the prior-year quarter. Net margin was 8.8%, 4,050 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.48 billion. The average EPS estimate is $1.46.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 139 members out of 149 rating the stock outperform, and 10 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 53 give EQT a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on EQT is outperform, with an average price target of $64.96.
Is EQT the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add EQT to My Watchlist.