Cheniere Energy: EPS Beats Forecasts
Cheniere Energy beat EPS estimates for Q4 2024, despite a drop in year-over-year revenue and profits.
Cheniere Energy (NYSE:LNG), a global player in liquefied natural gas (LNG) production and export, announced its Q4 2024 financial results on Feb. 20, 2025. Earnings exceeded analysts' expectations for earnings per share (EPS) but showed a decline in revenue and net income from the previous year. The company reported an EPS of $4.33, notably higher than the $2.71 estimate. Revenue for the quarter stood at $4.44 billion, matching the forecast but dropping by 8% compared to Q4 2023.
Source: Analyst estimates for the quarter provided by FactSet.
Cheniere Energy is recognized as a leading provider of LNG, relying heavily on its large-scale production and export capabilities. Its strategic infrastructure includes facilities like Sabine Pass and Corpus Christi, with projects such as the Corpus Christi Stage 3 set to augment its production volume significantly. Central to its business model is the establishment of long-term contracts, ensuring steady cash flows amidst fluctuating market dynamics.
