Golar LNG Q3 Earnings Beat, Revenues Match Estimates

Zacks11-21 22:39

Golar LNG Limited (GLNG) reported third-quarter 2024 earnings of 53 cents per share, which beat the Zacks Consensus Estimate of 37 cents. However, the company’s bottom line declined year over year. ...

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However, the company’s bottom line declined year over year.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/golar-lng-q3-earnings-beat-143900387.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Golar LNG Q3 Earnings Beat, Revenues Match Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGolar LNG Q3 Earnings Beat, Revenues Match Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-21 22:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/golar-lng-q3-earnings-beat-143900387.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Golar LNG Limited (GLNG) reported third-quarter 2024 earnings of 53 cents per share, which beat the Zacks Consensus Estimate of 37 cents. However, the company’s bottom line declined year over year.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/golar-lng-q3-earnings-beat-143900387.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GLNG","symbol_name":"Golar海运","start_time":0,"source_url":"https://finance.yahoo.com/news/golar-lng-q3-earnings-beat-143900387.html","article_id":"2485441440","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/hbnriVQO_YULm.6Alary2A--~B/aD00NzM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/284f918f27be0f0da586713eec133185"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485441440","pubTimestamp":1732199940,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Golar LNG Limited  reported third-quarter 2024 earnings of 53 cents per share, which beat the Zacks Consensus Estimate of 37 cents. However, the company’s bottom line declined year over year.Find the latest EPS estimates and surprises on ZacksEarnings Calendar.Revenues of $64.8 million met the Zacks Consensus Estimate. The top line declined 4% year over year.Adjusted EBITDA of $59 million declined 21% year over year.Golar LNG Limited Price, Consensus and EPS Surprise. Golar LNG Limited price-consensus-eps-surprise-chart | Golar LNG Limited Quote. GLNG exited the third quarter of 2024 with cash and cash equivalents of $732.06 million compared with $527.59 million at the end of the prior quarter.GLNG’s share of contractual debt at the end of the reported quarter increased 25% to $1.46 billion.GLNG’s board of directors approved a third-quarter 2024 dividend of 25 cents per share. The dividend will be paid on or around Dec. 2 to shareholders of record at the close of business on Nov. 25, 2","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"GLNG":"Golar海运","DAL":"达美航空","LNG":"Cheniere Energy Inc","MTCH":"Match Group, Inc."},"translate_title":"Golar LNG第三季度盈利超出预期，收入符合预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GLNG":1,"LNG":1,"MTCH":1,"DAL":0.9},"content_text":"Golar LNG Limited (GLNG) reported third-quarter 2024 earnings of 53 cents per share, which beat the Zacks Consensus Estimate of 37 cents. However, the company’s bottom line declined year over year.\nFind the latest EPS estimates and surprises on ZacksEarnings Calendar.\nRevenues of $64.8 million met the Zacks Consensus Estimate. The top line declined 4% year over year.\nAdjusted EBITDA of $59 million declined 21% year over year.\n\nGolar LNG Limited Price, Consensus and EPS Surprise\n\nGolar LNG Limited price-consensus-eps-surprise-chart | Golar LNG Limited Quote\n\nGLNG exited the third quarter of 2024 with cash and cash equivalents of $732.06 million compared with $527.59 million at the end of the prior quarter.\nGLNG’s share of contractual debt at the end of the reported quarter increased 25% to $1.46 billion.\nGLNG’s board of directors approved a third-quarter 2024 dividend of 25 cents per share. The dividend will be paid on or around Dec. 2 to shareholders of record at the close of business on Nov. 25, 2024.\nAs of Sept. 30, 2024, 104.0 million shares were issued and outstanding. Of the $150.0 million approved share buyback scheme, $74.1 million remains available.\nGLNG’s Zacks Rank and Price Performance\nCurrently, GLNG carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nSo far this year, shares of GLNG have gained 56.5%, outperforming the industry’s growth of 20.2%.\nYTD Price-Comparison\nImage Source: Zacks Investment Research\nPerformances of Other Transportation Companies\nDelta Air Lines DALreported third-quarter 2024 earnings (excluding 47 cents from non-recurring items) of $1.50 per share, which fell short of the Zacks Consensus Estimate of $1.56. Earnings decreased 26.11% on a year-over-year basis due to high labor costs.\nDAL’s revenues of $15.68 billion surpassed the Zacks Consensus Estimate of $15.37 billion and increased 1.2% on a year-over-year basis, driven by strong air travel demand. Adjusted operating revenues (excluding third-party refinery sales) totaled $14.59 billion, flat year over year.\nJ.B. Hunt Transport Services, Inc.’sJBHT third-quarter 2024 earnings of $1.49 per share outpaced the Zacks Consensus Estimate of $1.42 but declined 17.2% year over year.\nJBHT’s total operating revenues of $3.07 billionsurpassed the Zacks Consensus Estimate of $3.04 billion but fell 3% year over year. The downfall was caused by 5% and 6% decreases in gross revenue per load in Intermodal (JBI) and Truckload, respectively; declines in load volume of 10% and 6% in Integrated Capacity Solutions (ICS) and Dedicated Contract Services, respectively; and 6% fewer stops in Final Mile Services. These were partially offset by JBI load growth of 5%, which included growth in the transcontinental and eastern networks and a 3% increase in revenue per load in ICS. JBHT’s total operating revenues, excluding fuel surcharge revenues, decreased less than 1% from the year-ago quarter.\nUnited Airlines Holdings, Inc. UAL posted third-quarter 2024 EPS (excluding 43 cents from non-recurring items) of $3.33, which surpassed the Zacks Consensus Estimate of $3.10. Earnings decreased 8.8% on a year-over-year basis.\nUAL’s operating revenues of $14.84 billion beat the Zacks Consensus Estimate of $14.76 billion. The top line increased 2.5% year over year due to upbeat air travel demand. This was driven by a 1.6% rise in passenger revenues (accounting for 91.3% of the top line) to $13.56 billion. Almost 45,559 passengers traveled on UAL flights in the third quarter, up 2.7% year over year.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nDelta Air Lines, Inc. (DAL) : Free Stock Analysis Report\nUnited Airlines Holdings Inc (UAL) : Free Stock Analysis Report\nJ.B. Hunt Transport Services, Inc. (JBHT) : Free Stock Analysis Report\nGolar LNG Limited (GLNG) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485441440"}