EQT Midstream Partners, LP, Earnings Rise 34% In Q3

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

The company said its bottom line came in at $126.57 million, or $1.23 per share. This was up from $94.12 million, or $1.12 per share, in last year's third quarter.

Analysts had expected the company to earn $1.18 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 14.8% to $170.84 million. This was up from $148.79 million last year.

EQT Midstream Partners, LP, earnings at a glance:

-Earnings (Q3): $126.57 Mln. vs. $94.12 Mln. last year. -Earnings Growth (Y-o-Y): 34.5% -EPS (Q3): $1.23 vs. $1.12 last year. -EPS Growth (Y-o-Y): 9.8% -Analysts Estimate: $1.18 -Revenue (Q3): $170.84 Mln vs. $148.79 Mln last year. -Revenue Change (Y-o-Y): 14.8%