Golar LNG GLNG unveils its next round of earnings this Tuesday, May 21. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
Analysts are predicting Golar LNG will report a loss of 14 cents per share on revenue of $107.85 million.
Golar LNG EPS in the same period a year ago was a loss of 21 cents. Revenue was $66.19 million. Revenue would be up 62.94 percent from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | 0.14 | -0.11 | -0.19 | -0.28 | |
EPS Actual | -1.61 | 0.65 | -0.58 | -0.21 | 0.04 |
Stock Performance
Over the last 52-week period, shares of Golar LNG have declined 44.17 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Golar LNG. The strength of this rating has maintained conviction over the past three months.
Conference Call
Golar LNG's conference call is scheduled to begin at 10:00 a.m. ET and can be accessed here: http://www.golarlng.com/investors/financial-calendar
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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