Cheniere Energy Partners Q3 2024 GAAP EPS $1.08 Misses $1.11 Estimate, Sales $2.06B Miss $2.42B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cheniere Energy Partners reported Q3 2024 earnings per share of $1.08, missing the consensus estimate of $1.11. Sales were $2.06 billion, also below the expected $2.42 billion, marking a 3.43% decrease from the previous year.
October 31, 2024 | 11:57 am
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NEGATIVE IMPACT
Cheniere Energy Partners' Q3 2024 earnings and sales both missed analyst estimates, with EPS at $1.08 and sales at $2.06 billion. This could negatively impact the stock price in the short term.
The earnings per share and sales figures both missed analyst expectations, which typically leads to a negative reaction in the stock market. The sales decline compared to the previous year further adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100