$0.22 EPS Expected for Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) This Quarter
Wall Street analysts expect Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) to report earnings of $0.22 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Cheniere Energy, Inc. (NYSEAMERICAN)’s earnings, with estimates ranging from ($0.60) to $0.76. Cheniere Energy, Inc. (NYSEAMERICAN) reported earnings per share of ($0.07) in the same quarter last year, which suggests a positive year over year growth rate of 414.3%. The company is expected to announce its next quarterly earnings results on Thursday, August 8th.
According to Zacks, analysts expect that Cheniere Energy, Inc. (NYSEAMERICAN) will report full year earnings of $2.06 per share for the current fiscal year, with EPS estimates ranging from $0.04 to $3.26. For the next fiscal year, analysts anticipate that the business will post earnings of $3.69 per share, with EPS estimates ranging from $2.27 to $4.58. Zacks’ EPS averages are an average based on a survey of research analysts that cover Cheniere Energy, Inc. (NYSEAMERICAN).
Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) last released its earnings results on Thursday, May 9th. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.25. The firm had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $1.69 billion.
Shares of LNG traded up $0.70 during trading hours on Friday, reaching $68.91. 2,409,553 shares of the stock traded hands, compared to its average volume of 1,767,588. Cheniere Energy, Inc. has a 52-week low of $55.09 and a 52-week high of $71.03.
About Cheniere Energy, Inc. (NYSEAMERICAN)
Cheniere Energy, Inc, an energy company, engages in the liquefied natural gas (LNG) related businesses in the United States. The company operates in two segments, LNG Terminal Business, and LNG and Natural Gas Marketing. It owns and operates Sabine Pass LNG terminal in Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas.
Read More: Trading Strategy Examples and Plans
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Cheniere Energy Inc. (NYSEAMERICAN) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy Inc. (NYSEAMERICAN) and related companies with MarketBeat.com's FREE daily email newsletter.