Golar LNG Limited Posts ROUSING Yearly Results And Analysts Are U
Golar LNG Limited (NASDAQ:GLNG) reported its latest yearly results, with revenues coming in at US$260m, slightly below analyst expectations. The company's statutory earnings per share are predicted to surge 264% to US$1.73, a significant increase from the last year. Following the result, analysts have updated their earnings model, and it remains to be seen whether they believe there has been a strong change in the company's prospects.
- Despite the significant revenue forecast for Golar LNG, its growth rate is still largely dependent on the global liquefied natural gas (LNG) market, which can be volatile due to factors like geopolitics and commodity prices.
- Can Golar LNG maintain its accelerated growth trajectory while navigating the complexities of a rapidly changing energy landscape?