EQT to Report Q2 Earnings: Here's What You Need to Know

Core Viewpoint - EQT Corporation is expected to report its second-quarter 2025 results on July 22, with adjusted earnings per share (EPS) estimated at 45 cents, reflecting a significant increase of 662.5% from the previous year, and revenues projected at $1.81 billion, indicating a 52.97% year-over-year growth [1][2][8] Estimate Trend - The Zacks Consensus Estimate for second-quarter EPS is 45 cents, which has seen one downward revision in the past week, with no upward revisions [2] - The revenue estimate of $1.81 billion represents a 52.97% increase compared to the same quarter last year [2] Factors to Consider - EQT is the largest natural gas producer in the U.S., primarily operating in the Appalachian Basin [3] - Average Henry Hub Natural Gas Spot prices for April, May, and June were $3.42, $3.12, and $3.02 per million Btu, respectively, compared to $1.60, $2.12, and $2.54 per million Btu in the previous year [3] - The company's decision to limit hedging to 50% of output exposes it to spot price volatility, which may negatively impact performance this quarter [4] - Pipeline bottlenecks in the Appalachian region are constraining EQT's ability to take advantage of favorable pricing in downstream markets [4] - Integration costs from the Olympus acquisition may also weigh on margins despite a modest boost in volumes [4][5] Earnings Whispers - Current analysis suggests that EQT may not achieve an earnings beat this quarter, with an Earnings ESP of -3.27% and a Zacks Rank of 3 (Hold) [6]