EQT Corporation Reports Decline in Q2 Earnings

EQT Corporation reported a decline in its second‑quarter profit compared with the same period last year.

The firm posted earnings of $211.4 million, or $0.34 per share, down from $784.1 million, or $1.30 per share, a year ago.

Excluding special items, adjusted earnings came in at $243.5 million, or $0.39 per share.

Revenue slipped 29.3% to $1.81 billion, down from $2.56 billion in the prior year.

GAAP earnings snapshot:

– Earnings: $211.4 million versus $784.1 million a year ago.
– EPS: $0.34 compared with $1.30 last year.
– Revenue: $1.81 billion versus $2.56 billion last year.

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