Analysts predict that Cheniere Energy Partners, L.P. (NYSE:CQP – Get Rating) will report sales of $3.14 billion for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Cheniere Energy Partners’ earnings, with the lowest sales estimate coming in at $3.04 billion and the highest estimate coming in at $3.28 billion. Cheniere Energy Partners reported sales of $1.96 billion during the same quarter last year, which indicates a positive year over year growth rate of 60.2%. The firm is scheduled to issue its next earnings results on Monday, January 1st.
On average, analysts expect that Cheniere Energy Partners will report full-year sales of $13.67 billion for the current year, with estimates ranging from $11.70 billion to $16.07 billion. For the next year, analysts forecast that the business will post sales of $12.76 billion, with estimates ranging from $10.56 billion to $14.29 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Cheniere Energy Partners.
Separately, StockNews.com started coverage on shares of Cheniere Energy Partners in a report on Thursday, March 31st. They set a “hold” rating for the company.
About Cheniere Energy Partners (Get Rating)
Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates natural gas liquefaction and export facility at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana. The company's regasification facilities include five LNG storage tanks with an aggregate capacity of approximately 17 billion cubic feet equivalent; two marine berths that accommodate vessels with capacity of up to 266,000 cubic meters; and vaporizers with regasification capacity of approximately 4 billion cubic feet per day.
- Get a free copy of the StockNews.com research report on Cheniere Energy Partners (CQP)
- Why is Chevron Stock Falling After Strong Earnings?
- MarketBeat: Week in Review 4/25 – 4/29
- Apple’s Numbers Complete Trifecta
- Rogers Communication Stock Should Be Launching Higher
- Iridium Communications Stock is Ready to Return to Orbit
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Cheniere Energy Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy Partners and related companies with MarketBeat.com's FREE daily email newsletter.