ETRN - Equitrans Midstream Non-GAAP EPS of $0.11 misses by $0.01 revenue of $328.61M misses by $10.18M raises FY outlook
- Equitrans Midstream press release ( NYSE: ETRN ): Q2 Non-GAAP EPS of $0.11 misses by $0.01 .
- Revenue of $328.61M (-5.7% Y/Y) misses by $10.18M .
- Outlook:
- Q3: Net Income $50M-$70M;Adj EBITDA of $250M-$270M; Deferred revenue of $75M
- FY: Net Income $255M-$325Mvs prior $250 - $330M;Adj EBITDA of $1015M-$1085M vs prior $970M-$1.05B; Deferred revenue of $340M vs prior $355M
- Shares +7% PM.
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Equitrans Midstream Non-GAAP EPS of $0.11 misses by $0.01, revenue of $328.61M misses by $10.18M, raises FY outlook