Golar LNG Q1 Sales $73.97M Miss $81.17M Estimate, Net Loss $92.57M
Portfolio Pulse from Benzinga Newsdesk
Golar LNG (NASDAQ:GLNG) reported Q1 sales of $73.97M, missing the analyst consensus estimate of $81.17M by 8.87%. This represents a 7.18% decrease compared to the same period last year.
May 30, 2023 | 10:07 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Golar LNG's Q1 sales missed estimates by 8.87%, with a 7.18% YoY decrease.
Golar LNG's Q1 sales missed analyst estimates by 8.87% and decreased by 7.18% compared to the same period last year. This negative performance may lead to a short-term decline in the stock price as investors react to the disappointing results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100