EQT EPS Soars, Free Cash Flow Shines
EQT had a mixed performance in Q4 2024, managing strong financial and operational performance despite volatile commodity prices.
Natural gas producer EQT (NYSE:EQT) reported mixed fourth-quarter 2024 results on Tuesday, Feb. 18, as it managed several challenges, including volatile commodity prices. EQT's adjusted EPS reached $0.69, surpassing the expected $0.53. Operating revenue for the quarter came in at $1.62 billion, short of the estimated $1.77 billion and down 20.5% year over year.
Overall, the quarter illustrated effective operational and financial management, setting a promising tone for the upcoming quarters.
Source: EQT. * Net cash provided by operating activities. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.
