Cheniere Partners (CQP) Q1 Earnings Beat, Revenues Dip Y/Y
CQPCheniere(CQP) Zacks Investment Research·2024-05-09 02:21

Cheniere Energy Partners, L.P. (CQP) recorded first-quarter 2024 earnings per unit of 1.18,whichbeattheZacksConsensusEstimateof93cents.Thebottomlinedeclinedfromthe1.18, which beat the Zacks Consensus Estimate of 93 cents. The bottom line declined from the 1.43 per unit reported in the year- ago quarter. Total quarterly revenues of 2.3billionwerelowerthantheyearagoquarters2.3 billion were lower than the year-ago quarter’s 2.9 billion. The top line also missed the Zacks Consensus Estimate of $2.4 billion. Better-than-expected quarterly earnings were driven by higher LNG volumes loaded. The positives were partially offset ...