What's the outlook for EQT's Q1 2025 earnings?

The outlook for EQT's Q1 2025 earnings appears to be positive, with several analysts issuing optimistic estimates. Here's a detailed analysis:

1. **Recent Analyst Estimates**:
- Zacks Research increased its Q1 2025 EPS estimate for EQT to $1.00, up from the previous estimate of $0.90. This indicates a more favorable view of EQT's earnings potential for the period.
- Capital One Financial also boosted its FY2024 earnings per share estimates for EQT, although the specific Q1 2025 estimate is not provided. The boost in estimates suggests a positive outlook.
- Scotiabank, on the other hand, cut its Q1 2025 EPS estimate to $1.13, down from the previous estimate. This is a more cautious view compared to the other estimates.
2. **Consensus and Historical Performance**:
- The consensus EPS estimate for Q1 2025 is $1.00, with a consensus revenue estimate of $2.11 billion. EQT has historically beaten EPS estimates 50% of the time and revenue estimates 13% of the time over the last two years.
3. **Market Conditions and Recent Performance**:
- Despite oil slumps in niche energy markets, refiners and transporters, including EQT, have surged, which suggests resilience in certain segments of the energy sector. This could positively influence EQT's earnings.
- EQT's stock price has shown a positive change of 1.37%, indicating market confidence or a reaction to the optimistic estimates.

In conclusion, while there are some differences in estimates among analysts, the overall trend suggests a positive outlook for EQT's Q1 2025 earnings. The boost in estimates by Zacks Research and Capital One Financial, along with the historical track record of beating estimates, supports the notion that EQT is well-positioned to deliver strong earnings for the period. However, the cut in estimates by Scotiabank highlights the importance of considering diverse analyst views and market conditions when assessing earnings outlooks.