Cheniere Partners (CQP) Q1 Earnings Beat, Revenues Dip Y/Y

Cheniere Energy Partners, L.P. (CQP) recorded first-quarter 2024 earnings per unit of $1.18, which beat the Zacks Consensus Estimate of 93 cents. The bottom line declined from the $1.43 per unit reported in the year-ago quarter.Total quarterly revenues of $2.3 billion were lower than the year-ago quarter’s $2.9 billion. The top line also missed the Zacks Consensus Estimate of $2.4 billion.Better-than-expected quarterly earnings were driven by higher LNG volumes loaded. The positives were partially offset by ...