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Golar LNG (GLNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2026-02-18 16:05
Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Golar LNG, driven by higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Golar LNG is expected to report quarterly earnings of $0.38 per share, reflecting a year-over-year increase of 26.7% [3]. - Revenues are projected to reach $116.06 million, representing a significant increase of 77.3% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. - The Most Accurate Estimate for Golar LNG is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +9.33%, suggesting recent bullish sentiment among analysts [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Golar LNG currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [12]. Historical Performance - In the last reported quarter, Golar LNG was expected to post earnings of $0.46 per share but delivered only $0.43, resulting in a surprise of -6.52% [13]. - Over the past four quarters, Golar LNG has only beaten consensus EPS estimates once [14]. Conclusion - While Golar LNG is not positioned as a compelling earnings-beat candidate, investors should consider various factors beyond earnings results when making investment decisions [17].
Recent Price Trend in Golar LNG (GLNG) is Your Friend, Here's Why
ZACKS· 2025-05-02 13:50
Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires solid fundamentals to maintain that momentum [1][2]. Group 1: Stock Performance - Golar LNG (GLNG) has shown a solid price increase of 4.2% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - Over the last four weeks, GLNG's price has increased by 26%, suggesting that the upward trend is still intact [5]. - Currently, GLNG is trading at 90.8% of its 52-week high-low range, indicating a potential breakout [6]. Group 2: Fundamental Strength - GLNG holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6][7]. - The Average Broker Recommendation for GLNG is also 1 (Strong Buy), reflecting strong optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like GLNG that have sufficient fundamental strength to sustain their recent uptrends [3][8]. - The article suggests that investors should consider other stocks that pass through this screening process, as there are multiple options available that fit the criteria for potential investment [8].