Compared to Estimates, EQT (EQT) Q4 Earnings: A Look at Key Metrics

EQT Corporation (EQT) reported $1.82 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 17.6%. EPS of $0.69 for the same period compares to $0.48 a year ago.The reported revenue represents a surprise of +4.96% over the Zacks Consensus Estimate of $1.73 billion. With the consensus EPS estimate being $0.50, the EPS surprise was +38.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how EQT performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average Sales Price - Oil price: $54.75 versus the four-analyst average estimate of $56.26. Oil - Sales volume: 496 MBBL compared to the 416.04 MBBL average estimate based on four analysts. Natural gas - Sales volume: 565,867 MMcf versus 558,024.1 MMcf estimated by four analysts on average. Sales Volume - Total: 605,183 MMcfe versus the four-analyst average estimate of 592,127 MMcfe. Average Sales Price - Natural gas price: $2.97 compared to the $2.69 average estimate based on four analysts. Average Sales Price - Ethane price: $6.20 compared to the $6.62 average estimate based on three analysts. NGLs, excluding ethane - Average NGLs price, including cash settled derivatives: $41.10 versus the three-analyst average estimate of $37.65. Operating revenues- Pipeline, net marketing services and other: $167.08 million compared to the $88.34 million average estimate based on four analysts. The reported number represents a change of +2286.8% year over year. Revenues from contracts with customers- Oil sales: $27.15 million versus the three-analyst average estimate of $23.48 million. The reported number represents a year-over-year change of -3.6%. Operating revenues- Sales of natural gas, natural gas liquids and oil: $1.64 billion versus $1.59 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +20.3% change. Revenues from contracts with customers- NGLs sales: $180.35 million versus the three-analyst average estimate of $143.66 million. The reported number represents a year-over-year change of +18%. Revenues from contracts with customers- Natural gas sales: $1.43 billion versus the two-analyst average estimate of $1.35 billion. The reported number represents a year-over-year change of +21.2%. View all Key Company Metrics for EQT here>>>Shares of EQT have returned -10.3% over the past month versus the Zacks S&P 500 composite's -5.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQT Corporation (EQT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks