Equitrans Midstream: Q2 Earnings Snapshot

Associated Press Finance
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CANONSBURG, Pa. (AP) — CANONSBURG, Pa. (AP) — Equitrans Midstream Corporation (ETRN) on Tuesday reported second-quarter earnings of $67.2 million.

On a per-share basis, the Canonsburg, Pennsylvania-based company said it had profit of 12 cents. Earnings, adjusted for non-recurring gains, were 9 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The company posted revenue of $318.5 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $325.1 million.

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

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