CQP - Cheniere Energy Partners GAAP EPS of -$0.11 misses by $1.12 revenue of $3.33B beats by $550M; reaffirms FY22 distribution guidance
Cheniere Energy Partners press release (NYSE:CQP): Q1 GAAP EPS of -$0.11 misses by $1.12. Revenue of $3.33B (+69.9% Y/Y) beats by $550M. Adjusted EBITDA of $1,031M. During the quarter, we recognized in income 372 TBtu of LNG loaded from the SPL Project. During the first quarter, approximately 13 TBtu of commissioning LNG was exported from the SPL Project. Reconfirming full year 2022 distribution guidance of $4.00 - $4.25 per common unit vs. consensus of $4.14.
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Cheniere Energy Partners GAAP EPS of -$0.11 misses by $1.12, revenue of $3.33B beats by $550M; reaffirms FY22 distribution guidance