Cheniere Partners Reports Fourth Quarter and Full Year 2019 Results and Reconfirms Full Year 2020 Distribution Guidance
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Cheniere Energy (LNG) Tops Q4 EPS by 40c
February 25, 2020 8:02 AM ESTCheniere Energy (NYSE: LNG) reported Q4 EPS of $0.87, $0.40 better than the analyst estimate of $0.47. Revenue for the quarter came in at $1.91 billion versus the consensus estimate of $2.79 billion.
Reported net income of $448 million for the three months ended December 31, 2019 compared to $351 million for the comparable 2018 period. The increase in net income for the three months ended December 31, 2019 was primarily due to increased total margins2, partially offset by increased operating costs and expenses as a result of an additional Train in operation and increased interest expense.Net income of $1.2 billion for the year ended... More