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ETRN

Equitrans Midstream Corporation

$12.98

Earnings Summary

Revenue
$364.27Mn
Net Profits
$109Mn
Net Profit Margins
29.92%
PE Ratio
14.68

Highlights

Revenue:

Equitrans Midstream Corporation’s revenue fell -3.21% since last year same period to $364.27Mn in the Q1 2024. On a quarterly growth basis, Equitrans Midstream Corporation has generated 1.02% jump in its revenue since last 3-months.

Net Profits:

Equitrans Midstream Corporation’s net profit jumped 7.2% since last year same period to $109Mn in the Q1 2024. On a quarterly growth basis, Equitrans Midstream Corporation has generated -26.78% fall in its net profits since last 3-months.

Net Profit Margins:

Equitrans Midstream Corporation’s net profit margin jumped 10.75% since last year same period to 29.92% in the Q1 2024. On a quarterly growth basis, Equitrans Midstream Corporation has generated -27.52% fall in its net profit margins since last 3-months.

PE Ratio:

Equitrans Midstream Corporation’s price-to-earnings ratio after this Q1 2024 earnings stands at 14.68.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Equitrans Midstream Corporation post its latest quarter earnings

EPS Estimate Current Quarter
0.14
EPS Estimate Current Year
0.14

Highlights

EPS Estimate Current Quarter:

Equitrans Midstream Corporation’s earning per share (EPS) estimates for the current quarter stand at 0.14 - a -41.67% fall from last quarter’s estimates.

EPS Estimate Current Year:

Equitrans Midstream Corporation’s earning per share (EPS) estimates for the current year stand at 0.14.

Key Ratios

Key ratios of the Equitrans Midstream Corporation post its Q1 2024 earnings

Earning Per Share (EPS)
0.23
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.21
Dividend Per Share (DPS)
0.15

Highlights

Earning Per Share (EPS):

Equitrans Midstream Corporation’s earning per share (EPS) jumped 4.55% since last year same period to 0.23 in the Q1 2024. This indicates that the Equitrans Midstream Corporation has generated 4.55% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Equitrans Midstream Corporation’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Equitrans Midstream Corporation’s return on equity (ROE) stands at 0.21.

Dividend Per Share (DPS):

Equitrans Midstream Corporation declared 0.15 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-30
0.24
0.23
-4.17%