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Cheniere Energy: 4Q Earnings Snapshot

first_img Facebook Pinterest Local NewsBusinessState WhatsApp HOUSTON (AP) — Cheniere Energy Inc. (LNG) on Wednesday reported a fourth-quarter loss of $194 million, after reporting a profit in the same period a year earlier. The Houston-based company said it had a loss of 77 cents per share. Earnings, adjusted for non-recurring costs, were 84 cents per share. The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. The natural gas company posted revenue of $2.79 billion in the period. For the year, the company reported a loss of $85 million, or 34 cents per share, swinging to a loss in the period. Revenue was reported as $9.36 billion. Cheniere Energy shares have climbed 16% since the beginning of the year. The stock has increased 34% in the last 12 months. ————— This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNG at https://www.zacks.com/ap/LNG Cheniere Energy: 4Q Earnings Snapshot Facebook Twittercenter_img Pinterest TAGS  WhatsApp Twitter By Digital AIM Web Support – April 6, 2021 Previous articleUS women’s team players to stop kneeling during anthemNext article2021 Report on the Anti-CD30 Therapies Pipeline – Players Include Seagen, Takeda Oncology & Cellular Biomedicine Among Others – ResearchAndMarkets.com Digital AIM Web Supportlast_img read more

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