Cheniere Energy (LNG) Tops Q1 EPS by 68c
Cheniere Energy (NYSE: LNG) reported Q1 EPS of $1.54, $0.68 better than the analyst estimate of $0.86. Revenue for the quarter came in at $3.09 billion versus the consensus estimate of $2.86 billion.
2021 REVISED FULL YEAR FINANCIAL GUIDANCE
| Previous |
| Revised | ||||||||||||||
Consolidated Adjusted EBITDA1 | $ | 4.1 | - | $ | 4.4 |
|
| $ | 4.3 | - | $ | 4.6 |
| ||||
Distributable Cash Flow1 | $ | 1.4 | - | $ | 1.7 |
|
| $ | 1.6 | - | $ | 1.9 |
| ||||
SUMMARY AND REVIEW OF FINANCIAL RESULTS
(in millions, except LNG data) | First Quarter | |||||||||
| 2021 |
| 2020 |
| % Change | |||||
Revenues | $ | 3,090 |
|
| $ | 2,709 |
|
| 14 | % |
Net income2 | $ | 393 |
|
| $ | 375 |
|
| 5 | % |
Consolidated Adjusted EBITDA1 | $ | 1,452 |
|
| $ | 1,039 |
|
| 40 | % |
LNG exported: |
|
|
|
|
| |||||
Number of cargoes | 133 |
|
| 128 |
|
| 4 | % | ||
Volumes (TBtu) | 480 |
|
| 453 |
|
| 6 | % | ||
LNG volumes loaded (TBtu) | 476 |
|
| 455 |
|
| 5 | % | ||
For earnings history and earnings-related data on Cheniere Energy (LNG) click here.