Venture Global Inc. (VG) on Tuesday reported a second-quarter profit of $1.41 billion. The Arlington, Virginia-based company said it had a profit of 51 cents per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.
The exporter of liquid natural gas posted revenue of $4.58 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $4.5 billion.
Original reporting: Alexandria, VA News – WTOP News — read the source article.