EQT (NYSE: EQT ) is expected to report Q1 earnings around April 25. 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 21.0% and EPS will increase 6.0%.
The average estimate for revenue is $442.9 million. On the bottom line, the average EPS estimate is $0.53.
Last quarter, EQT reported revenue of $419.5 million. GAAP reported sales were 12% higher than the prior-year quarter's $436.8 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 $0.48. GAAP EPS of $0.32 for Q4 were 47% lower than the prior-year quarter's $0.60 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 73.4%, 160 basis points better than the prior-year quarter. Operating margin was 32.0%, 810 basis points worse than the prior-year quarter. Net margin was 9.8%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $1.86 billion. The average EPS estimate is $2.04.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 138 members out of 148 rating the stock outperform, and 10 members rating it underperform. Among 51 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 49 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 $68.76.
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