EQT Reports Third Quarter 2016 Earnings

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Go back to EQT Reports Third Quarter 2016 Earnings

EQT Corp. (EQT) Tops Q3 EPS by 15c; Announces CEO Succession

October 27, 2016 7:45 AM EDT

EQT Corp. (NYSE: EQT) reported Q3 EPS of ($0.26), $0.15 better than the analyst estimate of ($0.41). Revenue for the quarter came in at $502.55 million versus the consensus estimate of $503.15 million.

CEO Change:

EQT Corporation also announced that Steven T. Schlotterbeck, EQTs current President, will succeed David L. Porges as Chief Executive Officer when Porges retires from that position in the first quarter of 2017, following the filing of the Companys 10-K. Porges will remain as Chairman of EQTs Board of Directors for one year following his retirement as CEO.

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