Cheniere Energy Inc reports results for the quarter ended March 31 - Earnings Summary

• Cheniere Energy Inc LNG.N reported quarterly adjusted earnings of $1.57​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.13. The mean expectation of sixteen analysts for the quarter was for earnings of $2.70 per share. Wall Street expected results to range from $2.24 to $3.39 per share.

• Revenue rose 28% to $5.44 billion from a year ago; analysts expected $4.91 billion.

• Cheniere Energy Inc's reported EPS for the quarter was $1.57​.

• The company reported quarterly net income of $353 million.

• Cheniere Energy Inc shares had risen by 3.2% this quarter and gained 11.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.4% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas transportation services peer group is also "buy"

• Wall Street's median 12-month price target for Cheniere Energy Inc is $253.50

This summary was machine generated from LSEG data May 8 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)