HOUSTON (AP) — HOUSTON (AP) — Cheniere Energy Inc. (LNG) on Thursday reported second-quarter profit of $3.07 billion.
The Houston-based company said it had net income of $14.65 per share. Earnings, adjusted for non-recurring gains, were $3.02 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.89 per share.
The natural gas company posted revenue of $5.73 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $5.03 billion.
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