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Why Is Golar LNG (GLNG) Up 21% Since Last Earnings Report?
GLNGGolar LNG (GLNG) ZACKS·2024-06-27 16:30

Will the recent positive trend continue leading up to its next earnings release, or is Golar LNG due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. GLNG's first-quarter 2024 earnings of 45 cents surpassed the Zacks Consensus Estimate by a penny but declined year over year. Revenues of 63.2millionlaggedtheZacksConsensusEstimateof63.2 million lagged the Zacks Consensus Estimate of 72.3 million ...