EQT (EQT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended September 2025, EQT Corporation (EQT) reported revenue of $1.75 billion, up 26.7% over the same period last year. EPS came in at $0.52, compared to $0.12 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.71 billion, representing a surprise of +2.6%. The company delivered an EPS surprise of +10.64%, with the consensus EPS estimate being $0.47.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how EQT performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Average Sales Price - Oil price: $49.12 versus the five-analyst average estimate of $51.00.Natural gas - Average natural gas price, including cash settled derivatives: $2.66 versus the five-analyst average estimate of $2.59.Average Sales Price - Natural gas price: $3.24 versus the five-analyst average estimate of $3.02.NGLs, excluding ethane - NGLs price: $31.82 versus the four-analyst average estimate of $29.85.Natural gas - Sales volume: 595,642.00 MMcf compared to the 591,651.10 MMcf average estimate based on four analysts.Sales Volume - Total: 634,395.00 MMcfe versus 628,248.00 MMcfe estimated by four analysts on average.Operating revenues- Pipeline, net marketing services and other: $145.17 million versus the four-analyst average estimate of $149.76 million. The reported number represents a year-over-year change of +23.8%.Operating revenues- Sales of natural gas, natural gas liquids and oil: $1.68 billion compared to the $1.71 billion average estimate based on three analysts. The reported number represents a change of +52.6% year over year.Revenues from contracts with customers- NGLs sales: $139.33 million versus $139.47 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.3% change.Total Natural Gas and Liquids Sales, Including Cash Settled Derivatives: $1.75 billion versus $1.64 billion estimated by three analysts on average.Natural gas sales, including cash settled derivatives: $1.59 billion versus the two-analyst average estimate of $1.59 billion.Revenues from contracts with customers- Oil sales: $24.12 million versus $16.67 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.1% change.View all Key Company Metrics for EQT here>>>Shares of EQT have returned -0.7% over the past month versus the Zacks S&P 500 composite's +1.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQT Corporation (EQT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks