Analysts forecast that Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) will announce sales of $2.21 billion for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Cheniere Energy, Inc. (NYSEAMERICAN)’s earnings, with estimates ranging from $2.09 billion to $2.37 billion. Cheniere Energy, Inc. (NYSEAMERICAN) reported sales of $1.54 billion in the same quarter last year, which would suggest a positive year-over-year growth rate of 43.5%. The firm is scheduled to issue its next quarterly earnings results on Thursday, August 8th.

According to Zacks, analysts expect that Cheniere Energy, Inc. (NYSEAMERICAN) will report full-year sales of $9.72 billion for the current fiscal year, with estimates ranging from $9.04 billion to $10.38 billion. For the next financial year, analysts forecast that the company will report sales of $11.87 billion, with estimates ranging from $11.00 billion to $12.31 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow Cheniere Energy, Inc. (NYSEAMERICAN).

Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.25. The company had revenue of $2.26 billion for the quarter, compared to analyst estimates of $1.69 billion.

Separately, BidaskClub cut Zynga from a “buy” rating to a “hold” rating in a research report on Thursday, April 18th.

Shares of Cheniere Energy, Inc. (NYSEAMERICAN) stock traded down $1.08 on Wednesday, reaching $68.42. 120,242 shares of the company were exchanged, compared to its average volume of 1,774,791. The stock has a 50-day moving average price of $66.90. Cheniere Energy, Inc. has a 1-year low of $55.09 and a 1-year 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.

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