EQT Corp. (EQT) Misses Q2 EPS by 4c
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EQT Reports Second Quarter 2015 Earnings
July 23, 2015 7:02 AM EDTSignificant volume growth overwhelmed by low commodity prices
PITTSBURGH--(BUSINESS WIRE)-- EQT Corporation (NYSE: EQT) today announced second quarter 2015 net income attributable to EQT of $5.5 million, or $0.04 per diluted share (EPS), compared to second quarter 2014 earnings of $110.9 million, or $0.73 EPS. Adjusted net income for the quarter was $1.1 million, or $0.01 adjusted EPS, compared to adjusted EPS of $0.61 in the second quarter of 2014. Adjusted operating cash flow attributable to EQT was $80.7 million in the second quarter 2015; $202.3 million lower than the same period last year. The non-GAAP financial measures are detailed and reconciled in the Non-GAAP Disclosures section of... More
