Earnings Preview: Golar LNG
Portfolio Pulse from Benzinga Insights
Golar LNG (NASDAQ:GLNG) is set to release its quarterly earnings report on August 10, 2023. Analysts estimate an EPS of $0.49. The company's previous quarter saw a miss in EPS by $1.76, resulting in a 4.01% drop in share price. The company's shares were trading at $24.14 as of August 08, with a 52-week return of -4.02%.
August 09, 2023 | 2:01 pm
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NEGATIVE IMPACT
Golar LNG's upcoming earnings report could impact its stock price. The company's previous earnings miss led to a 4.01% drop in share price.
Golar LNG's stock price has previously been impacted by its earnings reports. The last quarter saw a significant drop in share price following an earnings miss. If the company fails to meet the estimated EPS of $0.49 for the upcoming quarter, it could potentially lead to a similar drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100