EQT Midstream Partners, LP, Q4 Earnings Advance 13%

(RTTNews) - EQT Midstream Partners, LP, (EQM) announced a profit for its fourth quarter that increased from last year.

The company said its bottom line rose to $135.70 million, or $1.31 per share. This was higher than $120.32 million, or $1.26 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.33 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 14.2% to $195.01 million. This was up from $170.71 million last year.

EQT Midstream Partners, LP, earnings at a glance:

-Earnings (Q4): $135.70 Mln. vs. $120.32 Mln. last year. -Earnings Growth (Y-o-Y): 12.8% -EPS (Q4): $1.31 vs. $1.26 last year. -EPS Growth (Y-o-Y): 4.0% -Analysts Estimate: $1.33 -Revenue (Q4): $195.01 Mln vs. $170.71 Mln last year. -Revenue Change (Y-o-Y): 14.2%