Golar LNG Ltd reports results for the quarter ended September 30 - Earnings Summary

• Golar LNG Ltd GLNG.OQ reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of seven analysts for the quarter was for earnings of 39 cents per share. Wall Street expected results to range from 30 cents to 50 cents per share.

• Revenue fell 3.6% to $64.81 million from a year ago; analysts expected $77.62 million.

• Golar LNG Ltd's reported EPS for the quarter was a loss of 33 cents​.

• The company reported a quarterly loss of $34.78 million.

• Golar LNG Ltd shares had risen by 3.6% this quarter and gained 65.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the oil & gas transportation services peer group is "buy."

Wall Street's median 12-month price target for Golar LNG Ltd is 44.50

This summary was machine generated from LSEG data November 12 at 03:36 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)