Zacks: Brokerages Anticipate Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) Will Announce Earnings of $0.25 Per Share

Wall Street brokerages expect that Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) will post earnings of $0.25 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Cheniere Energy, Inc. (NYSEAMERICAN)’s earnings. The lowest EPS estimate is $0.02 and the highest is $0.67. Cheniere Energy, Inc. (NYSEAMERICAN) posted earnings of $0.26 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 3.8%. The business is expected to announce its next quarterly earnings results before the market opens on Friday, November 1st.

On average, analysts expect that Cheniere Energy, Inc. (NYSEAMERICAN) will report full year earnings of $1.02 per share for the current financial year, with EPS estimates ranging from $0.49 to $1.78. For the next year, analysts anticipate that the firm will post earnings of $2.93 per share, with EPS estimates ranging from $1.92 to $3.95. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that cover Cheniere Energy, Inc. (NYSEAMERICAN).

Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) last posted its earnings results on Thursday, August 8th. The company reported ($0.44) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.59). The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.16 billion.

Separately, BidaskClub lowered shares of Cheniere Energy, Inc. (NYSEAMERICAN) from a “sell” rating to a “strong sell” rating in a report on Tuesday, October 1st.

NASDAQ:LNG traded up $0.11 on Tuesday, hitting $63.00. The stock had a trading volume of 1,047,142 shares, compared to its average volume of 1,774,106. The company has a fifty day moving average price of $62.79 and a two-hundred day moving average price of $65.00. Cheniere Energy, Inc. has a 1-year low of $55.09 and a 1-year high of $70.60.

Cheniere Energy, Inc. (NYSEAMERICAN) Company Profile

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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