EQT Corp. beats by $0.53, beats on revs
- Reports Q4 (Dec) earnings of $0.76 per share, excluding non-recurring items, $0.53 better than the Capital IQ Consensus of $0.23; revenues rose 197.9% year/year to $1.13 bln vs the $0.91 bln Capital IQ Consensus.
- Adjusted earnings for the year-ended December 31, 2017, were higher primarily due to increased commodity prices and sales volume, partly offset by higher operating expenses. Adjusted cash flow for year-ended December 31, 2017, includes $183 million of transaction-related expenses.
- 2018 guidance
- Total production sales volume (Bcfe) 350 -- 360 in Q1, 1,520 -- 1,560 for FY18.
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