HOUSTON (AP) — HOUSTON (AP) — Cheniere Energy Inc. (LNG) on Thursday reported first-quarter net income of $353 million.
On a per-share basis, the Houston-based company said it had profit of $1.57.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.81 per share.
The natural gas company posted revenue of $5.44 billion in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $4.47 billion.
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