Golar LNG (GLNG) Shares Gain 1.5% Post Q1 Earnings Beat
GLNGGolar LNG (GLNG) ZACKS·2024-06-04 03:01

Golar LNG Limited (GLNG) shares gained 1.5% since its first-quarter 2024 earnings release on May 28. The uptick can be attributed to the better-than-expected first-quarter 2024 earnings performance. Quarterly earnings of 45 cents per share surpassed the Zacks Consensus Estimate by a penny but declined year over year. Revenues of $63.2 million lagged the Zacks Consensus Estimate of $72.3 million and declined year over year. Adjusted EBITDA of $63.58 million declined 24% year over year. GLNG exited the first ...