Golar LNG (GLNG) to Release Quarterly Earnings on Thursday

Golar LNG (NASDAQ:GLNG) is expected to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $73.54 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Golar LNG Price Performance

GLNG opened at $39.56 on Tuesday. The firm has a market cap of $4.13 billion, a PE ratio of 282.59 and a beta of 0.55. The stock has a 50-day moving average price of $41.37 and a 200-day moving average price of $38.10. Golar LNG has a 1 year low of $19.94 and a 1 year high of $44.36.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Fearnley Fonds cut shares of Golar LNG from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th. StockNews.com raised shares of Golar LNG to a “sell” rating in a research report on Monday, December 9th. Stifel Nicolaus upped their price objective on Golar LNG from $53.00 to $55.00 and gave the company a “buy” rating in a research report on Tuesday, December 24th. Finally, DNB Markets lowered Golar LNG from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Golar LNG presently has a consensus rating of “Hold” and a consensus price target of $50.13.

Golar LNG Company Profile

Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates through three segments: FLNG, Corporate and Other, and Shipping. It engages in the regasification, storage, and offloading of liquefied natural gas (LNG); operation of floating liquefaction natural gas (FLNG) vessels or projects; transportation of LNG carriers; and vessel management activities.