Equities analysts expect that Cheniere Energy Partners LP (NYSE:CQP) will announce ($0.01) earnings per share for the current quarter, according to Zacks. Two analysts have issued estimates for Cheniere Energy Partners’ earnings. Cheniere Energy Partners posted earnings of ($0.06) per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 83.3%. The firm is scheduled to issue its next quarterly earnings results on Friday, November 4th.
According to Zacks, analysts expect that Cheniere Energy Partners will report full-year earnings of $0.00 per share for the current year. For the next year, analysts expect that the company will report earnings of $0.00 per share. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Cheniere Energy Partners.
Cheniere Energy Partners (NYSE:CQP) last announced its earnings results on Tuesday, August 9th. The company reported ($0.21) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.38) by $0.17. The company had revenue of $176.03 million for the quarter, compared to analysts’ expectations of $145.50 million. During the same period last year, the business earned ($0.01) EPS.
CQP has been the topic of a number of research analyst reports. US Capital Advisors raised Cheniere Energy Partners to a “buy” rating in a report on Thursday, September 8th. Wolfe Research started coverage on Cheniere Energy Partners in a report on Wednesday, June 22nd. They set an “outperform” rating on the stock. Finally, Barclays PLC reaffirmed an “overweight” rating and set a $32.00 target price (down previously from $36.00) on shares of Cheniere Energy Partners in a research note on Tuesday, September 6th.
Cheniere Energy Partners (NYSE:CQP) opened at 29.26 on Monday. The stock’s market cap is $9.88 billion. Cheniere Energy Partners has a 1-year low of $19.22 and a 1-year high of $31.49. The stock has a 50 day moving average of $27.63 and a 200 day moving average of $28.50.
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