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EQT GP: 3Q Earnings Snapshot

PITTSBURGH (AP) _ EQT GP Holdings LP (EQGP) on Thursday reported third-quarter net income of $95.1 million.

The Pittsburgh-based company said it had profit of 31 cents per share. Earnings, adjusted for amortization costs, were 34 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 34 cents per share.

The midstream energy assets company posted revenue of $364.6 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $361.9 million.

EQT GP shares have fallen 36 percent since the beginning of the year. The stock has fallen 35 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EQGP at https://www.zacks.com/ap/EQGP