Golar LNG Swings to Preliminary Q4 Net Income, Operating Revenue Falls

MT Newswires Live
27 Feb
Golar LNG-1.17%Post-market

Golar LNG (GLNG) reported preliminary Q4 net income Thursday of $3.3 million, swinging from a loss of $32.8 million a year earlier.

Analysts surveyed by FactSet expect net income of $41.1 million.

Operating revenue for the quarter ended Dec. 31 was $65.9 million, down from $79.7 million a year earlier.

Analysts surveyed by FactSet expect $67.6 million.

The company's shares were down 2.4% in recent Thursday premarket activity.

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