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THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Excelerate Energy Inc. (EE) on Wednesday reported first-quarter net income of $11.4 million.
The The Woodlands, Texas-based company said it had net income of 46 cents per share. Earnings, adjusted for non-recurring costs, were 49 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.
The provider of floating liquified natural gas terminals posted revenue of $315.1 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $205.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EE at https://www.zacks.com/ap/EE