Cheniere Partners (CQP) Q4 Earnings Beat on Lower Costs

Cheniere Energy Partners, L.P. (CQP) recorded fourth-quarter 2023 earnings per unit of 96 cents, which beat the Zacks Consensus Estimate of 71 cents. The bottom line significantly declined from the $1.87 per unit reported in the year-ago quarter.Total quarterly revenues of $2.7 billion were lower than the year-ago quarter’s $4.7 billion. The top line surpassed the Zacks Consensus Estimate of $2.6 billion.Better-than-expected quarterly results were driven by higher LNG volumes loaded and a significant declin ...