EQT Midstream Partners, LP, Q2 Earnings Rise 26%

(RTTNews) - EQT Midstream Partners, LP, (EQM) released a profit for its second quarter that rose compared to the same period last year.

The company said its bottom line climbed to $100.34 million, or $1.27 per share. This was higher than $79.41 million, or $1.12 per share, in last year's second quarter.

Analysts had expected the company to earn $1.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 18.9% to $172.00 million. This was up from $144.61 million last year.

EQT Midstream Partners, LP, earnings at a glance:

-Earnings (Q2): $100.34 Mln. vs. $79.41 Mln. last year. -Earnings Growth (Y-o-Y): 26.4% -EPS (Q2): $1.27 vs. $1.12 last year. -EPS Growth (Y-o-Y): 13.4% -Analysts Estimate: $1.15 -Revenue (Q2): $172.00 Mln vs. $144.61 Mln last year. -Revenue Change (Y-o-Y): 18.9%