Golar LNG (NASDAQ:GLNG – Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, May 28th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Golar LNG (NASDAQ:GLNG – Get Free Report) last announced its quarterly earnings data on Thursday, February 29th. The shipping company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.40. Golar LNG had a negative net margin of 15.68% and a positive return on equity of 11.67%. The firm had revenue of $78.65 million for the quarter, compared to the consensus estimate of $76.85 million. On average, analysts expect Golar LNG to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Golar LNG Stock Performance
Shares of GLNG opened at $26.88 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.49 and a current ratio of 1.49. The company has a market capitalization of $2.81 billion, a PE ratio of -62.51 and a beta of 0.62. The company’s 50 day moving average price is $25.23 and its 200 day moving average price is $23.09. Golar LNG has a 52 week low of $19.62 and a 52 week high of $27.37.
Golar LNG Announces Dividend
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Golar LNG from a “hold” rating to a “sell” rating in a research note on Thursday, April 25th.
Read Our Latest Report on GLNG
Golar LNG Company Profile
Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates through three segments: FLNG, Corporate and Other, and Shipping. It engages in the regasification, storage, and offloading of liquefied natural gas (LNG); operation of floating liquefaction natural gas (FLNG) vessels or projects; transportation of LNG carriers; and vessel management activities.
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