Cheniere Partners (CQP) Q4 Earnings Beat on Lower Costs
CQPCheniere(CQP) Zacks Investment Research·2024-02-24 01:56

Cheniere Energy Partners, L.P. (CQP) recorded fourth-quarter 2023 earnings per unit of 96 cents, which beat the Zacks Consensus Estimate of 71 cents. The bottom line significantly declined from the 1.87perunitreportedintheyearagoquarter.Totalquarterlyrevenuesof1.87 per unit reported in the year-ago quarter. Total quarterly revenues of 2.7 billion were lower than the year-ago quarter’s 4.7billion.ThetoplinesurpassedtheZacksConsensusEstimateof4.7 billion. The top line surpassed the Zacks Consensus Estimate of 2.6 billion. Better-than-expected quarterly results were driven by higher LNG volumes loaded and a significant decl ...