Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) Expected to Announce Earnings of $0.65 Per Share

Equities research analysts expect Cheniere Energy, Inc. (NYSEAMERICAN) (NASDAQ:LNG) to announce earnings of $0.65 per share for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Cheniere Energy, Inc. (NYSEAMERICAN)’s earnings. The lowest EPS estimate is $0.37 and the highest is $1.09. Cheniere Energy, Inc. (NYSEAMERICAN) reported earnings per share of $0.54 during the same quarter last year, which indicates a positive year-over-year growth rate of 20.4%. The firm is scheduled to issue its next quarterly earnings results on Thursday, May 14th.

According to Zacks, analysts expect that Cheniere Energy, Inc. (NYSEAMERICAN) will report full year earnings of $2.51 per share for the current year, with EPS estimates ranging from $1.69 to $3.87. For the next financial year, analysts anticipate that the business will report earnings of $3.14 per share, with EPS estimates ranging from $1.36 to $4.47. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that cover Cheniere Energy, Inc. (NYSEAMERICAN).

Separately, BidaskClub lowered Cheniere Energy, Inc. (NYSEAMERICAN) from a “sell” rating to a “strong sell” rating in a report on Thursday, January 30th.

LNG stock traded down $1.59 during midday trading on Friday, hitting $48.27. 4,472,600 shares of the stock were exchanged, compared to its average volume of 2,112,145. The stock’s 50-day moving average price is $59.33 and its 200-day moving average price is $61.23. Cheniere Energy, Inc. has a fifty-two week low of $47.63 and a fifty-two week high of $70.60.

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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