EQT Corp. Q2 Net Income Decreases - Quick Facts

(RTTNews) - EQT Corp. (EQT) reported second quarter net income attributable to company of $5.5 million, or $0.04 per share compared to $110.9 million, or $0.73 per share, last year. Adjusted net income for the quarter was $1.1 million, or $0.01 per share.

On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of $0.05 for the quarter. Analysts' estimates typically exclude special items.

Total operating revenues were $433.17 million compared to $526.17 million, a year ago. Analysts expected revenue of $490.71 million for the quarter. EQT Production achieved sales volume of 147.1 Bcfe in the second quarter 2015, 33.5% higher than the second quarter 2014.

The company increased its 2015 guidance for production sales volume to 595 - 605 Bcfe. Third quarter volume is estimated at 150 - 155 Bcfe.