Golar LNG Partners (GMLP) Set to Announce Earnings on Tuesday
Golar LNG Partners (NASDAQ:GMLP) is scheduled to be releasing its earnings data on Tuesday, August 26th. Parties interested in registering for the company’s conference call can do so using this link.
Golar LNG Partners (NASDAQ:GMLP) last posted its quarterly earnings results on Wednesday, May 28th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.50 by $0.22. On average, analysts expect Golar LNG Partners to post $2.56 EPS for the current fiscal year and $2.58 EPS for the next fiscal year.
Golar LNG Partners (NASDAQ:GMLP) opened at 37.28 on Monday. Golar LNG Partners has a 52 week low of $27.55 and a 52 week high of $38.50. The stock has a 50-day moving average of $35. and a 200-day moving average of $32.47.
GMLP has been the subject of a number of recent research reports. Analysts at Citigroup Inc. downgraded shares of Golar LNG Partners from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 29th. They now have a $38.00 price target on the stock, up previously from $35.00. Analysts at Evercore Partners cut their price target on shares of Golar LNG Partners from $38.00 to $35.00 in a research note on Thursday, May 29th. They now have an “overweight” rating on the stock. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Golar LNG Partners presently has a consensus rating of “Hold” and a consensus price target of $35.50.
Golar LNG Partners LP (NASDAQ:GMLP) is a limited partnership formed as a wholly owned subsidiary of Golar LNG Limited (Golar), an independent owner and operator of floating storage re-gasification units (FSRUs) and liquefied natural gas (LNG) carriers, to own and operate FSRUs and LNG carriers under long-term charters.
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