Venture Global, Inc. reports results for the quarter ended June 30 - Earnings Summary
Venture Global, Inc. reports results for the quarter ended June 30 - Earnings Summary
Venture Global, Inc. VG.N reported quarterly adjusted earnings of 55 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 49 cents per share. Wall Street expected results to range from 39 cents to 54 cents per share.
Revenue rose 47.6% to $4.58 billion from a year ago; analysts expected $4.66 billion.
Venture Global, Inc.'s reported EPS for the quarter was 51 cents.
The company reported quarterly net income of $1.35 billion.
Venture Global, Inc. shares had risen by 28.1% this quarter and gained 109.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 14.3% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"
Wall Street's median 12-month price target for Venture Global, Inc. is $16.00, about 10.9% above its last closing price of $14.26
This summary was machine generated from LSEG data August 11 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.49 | 0.55 | Beat |
Mar. 31 2026 | 0.13 | 0.19 | Beat |
Dec. 31 2025 | 0.36 | 0.41 | Beat |
Sep. 30 2025 | 0.23 | 0.16 | Missed |
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