Insights Into Cheniere Energy (LNG) Q4: Wall Street Projections for Key Metrics

Wall Street analysts forecast that Cheniere Energy (LNG) will report quarterly earnings of $3.83 per share in its upcoming release, pointing to a year-over-year decline of 11.6%. It is anticipated that revenues will amount to $5.17 billion, exhibiting an increase of 16.7% compared to the year-ago quarter.

Over the last 30 days, there has been a downward revision of 3.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.

Given this perspective, it's time to examine the average forecasts of specific Cheniere Energy metrics that are routinely monitored and predicted by Wall Street analysts.

The average prediction of analysts places 'Revenues- LNG' at $4.97 billion. The estimate indicates a change of +16.4% from the prior-year quarter.

It is projected by analysts that the 'Revenues- Other' will reach $111.77 million. The estimate indicates a change of -18.4% from the prior-year quarter.

Analysts predict that the 'Revenues- Regasification' will reach $33.97 million. The estimate suggests a change of +2.9% year over year.

Over the past month, shares of Cheniere Energy have returned +8.2% versus the Zacks S&P 500 composite's -1% change. Currently, LNG carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

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This article originally published on Zacks Investment Research (zacks.com).

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