Equities analysts expect that Cheniere Energy Partners, LP (NASDAQ:CQP) will announce earnings per share of $0.53 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Cheniere Energy Partners’ earnings, with the highest EPS estimate coming in at $0.68 and the lowest estimate coming in at $0.45. Cheniere Energy Partners posted earnings per share of $0.55 in the same quarter last year, which suggests a negative year-over-year growth rate of 3.6%. The company is scheduled to issue its next quarterly earnings report on Thursday, August 8th.
On average, analysts expect that Cheniere Energy Partners will report full year earnings of $2.87 per share for the current year, with EPS estimates ranging from $2.71 to $3.02. For the next year, analysts anticipate that the business will post earnings of $2.85 per share, with EPS estimates ranging from $2.64 to $3.06. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow Cheniere Energy Partners.
Cheniere Energy Partners (NASDAQ:CQP) last issued its quarterly earnings results on Thursday, May 9th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.24. The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.58 billion.
Cheniere Energy Partners stock traded up $0.77 during mid-day trading on Wednesday, reaching $46.39. 4,126 shares of the company traded hands, compared to its average volume of 212,631. Cheniere Energy Partners has a fifty-two week low of $32.55 and a fifty-two week high of $47.21. The company has a fifty day moving average price of $43.11.
About Cheniere Energy Partners
Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass liquefied natural gas (LNG) terminal located on the Sabine-Neches Waterway. The company's regasification facilities include infrastructure of five LNG storage tanks with capacity of approximately 16.9 billion cubic feet equivalent; two marine berths that accommodate vessels of up to 266,000 cubic meters; and vaporizers with regasification capacity of approximately 4.0 billion cubic feet per day.
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