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EQT Poised to Report Q3 Earnings: Here's What You Need to Know

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Key Takeaways

  • EQT will announce third-quarter 2025 results after market close on Oct. 21.
  • The consensus estimate projects EPS of $0.44 and $1.9B in revenue, both sharply higher year over year.
  • Higher natural gas prices and rising sales volumes are expected to have supported EQT's performance.

EQT Corporation (EQT - Free Report) is set to report third-quarter 2025 results on Oct. 21, after the closing bell.

In the last reported quarter, its adjusted earnings of 45 cents per share beat the Zacks Consensus Estimate of 44 cents, primarily attributed to higher sales volume and increased average realized prices.

Earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 48.99%. This is depicted in the graph below:

EQT Corporation Price, Consensus and EPS Surprise

EQT Corporation Price, Consensus and EPS Surprise

EQT Corporation price-consensus-eps-surprise-chart | EQT Corporation Quote

Estimate Trend for EQT

The Zacks Consensus Estimate for third-quarter earnings per share of 44 cents has been downgraded over the past seven days. The estimated figure indicates a 266.7% jump from the prior-year reported number.

The Zacks Consensus Estimate for revenues of $1.9 billion indicates a 34% increase from the year-ago recorded figure.

Factors to Consider for EQT

Per data from the U.S. Energy Information Administration (“EIA”), the average spot prices for Henry Hub natural gas for July, August and September were $3.20, $2.91 and $2.97 per million Btu, respectively. Notably, the pricing environment was less favorable in the prior-year comparable months, with average prices of $2.07, $1.99, and $2.28 per million Btu, respectively.

Since the pricing scenario for the commodity in the third quarter of 2025 was more attractive than a year ago, it is likely to have aided EQT’s upstream business. Our model projects total cubic feet equivalent sales volumes in the third quarter to have increased 9.8% year over year.

Earnings Whispers

Our proven model does not indicate an earnings beat for EQT this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an earnings beat. That is not the case here, as you will see below.

Earnings ESP: EQT has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

Zacks Rank: EQT currently carries a Zacks Rank #4 (Sell).

Stocks to Consider

Here are some stocks that you may want to consider, as these have the right combination of elements to post an earnings beat this reporting cycle.

BP (BP - Free Report) is an integrated energy company. It currently has an Earnings ESP of +3.79% and a Zacks Rank #3. 

BP is scheduled to release third-quarter 2025 earnings on Nov. 4. The Zacks Consensus Estimate for BP’s earnings is pegged at 70 cents per share, indicating a 15.7% decrease from the prior-year reported figure.

Viper Energy, Inc. (VNOM - Free Report) currently has an Earnings ESP of +15.15% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

VNOM is set to release third-quarter 2025 earnings on Nov. 3. The Zacks Consensus Estimate for VNOM’s earnings is pegged at 33 cents per share, indicating a 33% decline from the prior-year reported figure.

Eni SpA (E - Free Report) currently has an Earnings ESP of +4.83% and a Zacks Rank #3.

Eni is set to release third-quarter 2025 earnings on Oct. 24. The Zacks Consensus Estimate for E’s earnings is pegged at 73 cents per share, which indicates a decrease of 15.1% from the prior-year reported figure.


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