HOUSTON (AP) — HOUSTON (AP) — Cheniere Energy Inc. (LNG) on Thursday reported fourth-quarter net income of $977 million.
The Houston-based company said it had profit of $4.33 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.69 per share.
The natural gas company posted revenue of $4.44 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $4.41 billion.
For the year, the company reported profit of $3.25 billion, or $14.20 per share. Revenue was reported as $15.7 billion.
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