Cheniere Energy's Q3 Earnings Beat Estimates, Revenues Down Y/Y
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Cheniere Energy reported Q3 earnings that surpassed estimates, although revenues were down year-over-year. The company projects discounted cash flow between $6-$6.3 billion and adjusted EBITDA of $3.4-$3.7 billion for 2024.
November 06, 2024 | 1:30 pm
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Cheniere Energy's Q3 earnings exceeded expectations, but revenues fell compared to last year. The company forecasts strong cash flow and EBITDA for 2024.
The positive earnings surprise is likely to boost investor sentiment, despite the year-over-year revenue decline. The strong cash flow and EBITDA projections for 2024 further support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100