Cheniere Energy's Q3 Earnings Beat Estimates, Revenues Down Y/Y

Cheniere Energy, Inc. (LNG) reported third-quarter 2024 adjusted profit of $3.93 per share, which beat the Zacks Consensus Estimate of $1.79. and the bottom line also increased from the year-ago quarter’s level of $2.37. The outperformance can be attributed to a year-over-year decrease in costs and expenses.Revenues totaled $3.8 billion, beating the Zacks Consensus Estimate of $3.7 billion. The outperformance was driven by a year-over-year increase in other revenues to $175 million, beating the consensus es ...