Brokerages Expect Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) Will Announce Earnings of $0.22 Per Share

Wall Street brokerages forecast that Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) will report earnings of $0.22 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Cheniere Energy, Inc. (NYSEAMERICAN)’s earnings, with the lowest EPS estimate coming in at ($0.60) and the highest estimate coming in at $0.76. Cheniere Energy, Inc. (NYSEAMERICAN) reported earnings per share of ($0.07) during the same quarter last year, which would suggest a positive year-over-year growth rate of 414.3%. The company is expected to issue its next quarterly earnings report on Thursday, August 8th.

On average, 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 year, analysts anticipate that the firm will report 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 sell-side research analysts that follow Cheniere Energy, Inc. (NYSEAMERICAN).

Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) last posted its earnings results on Thursday, May 9th. The company reported $0.54 earnings per share (EPS) 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 analyst estimates of $1.69 billion.

Separately, BidaskClub lowered shares of Zynga from a “buy” rating to a “hold” rating in a research note on Thursday, April 18th.

Cheniere Energy, Inc. (NYSEAMERICAN) stock opened at $69.50 on Monday. The firm’s 50-day moving average price is $66.90. 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.

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