Golar LNG Q2 Sales $64.689M Miss $75.016M Estimate
Portfolio Pulse from Benzinga Newsdesk
Golar LNG (NASDAQ:GLNG) reported Q2 sales of $64.689 million, missing the analyst consensus estimate of $75.016 million by 13.77%. This represents a 16.56% decrease from the same period last year.
August 15, 2024 | 10:51 am
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NEGATIVE IMPACT
Golar LNG reported Q2 sales of $64.689 million, missing the analyst consensus estimate of $75.016 million by 13.77%. This is a 16.56% decrease from the same period last year, which could negatively impact the stock price in the short term.
The significant miss on sales estimates and the year-over-year decline in sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100