Cheniere Energy, Inc. (LNG) Post Q4 Adj-Loss of $0.19/Share

February 22, 2013 8:33 AM EST
Cheniere Energy, Inc. (NYSE: LNG) reported Q4 EPS of ($0.19), $0.07 better than the analyst estimate of ($0.26). Revenue for the quarter came in at $67.42 million versus the consensus estimate of $71.5 million.

For the quarter ended December 31, 2012, results include significant items of $54.1 million, or $0.25 per share, related to liquefied natural gas ("LNG") terminal and pipeline development expenses primarily for the liquefaction facilities Cheniere Energy Partners, L.P. ("Cheniere Partners") is developing at the Sabine Pass LNG terminal adjacent to the existing regasification facilities (the "Sabine Pass Liquefaction Project") and the liquefaction facilities being developed by us near Corpus Christi, Texas (the "Corpus Christi Liquefaction Project") and losses due to the early extinguishment of debt. Excluding these significant items, the adjusted net loss for the quarter ended December 31, 2012 was $40.3 million, or $0.19 per share (basic and diluted).

For earnings history and earnings-related data on Cheniere Energy, Inc. (LNG) click here.

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