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Cheniere Energy Q1 Loss Widens

Cheniere Energy, Inc. (LNG) posted first-quarter net loss attributable to common stockholders of $117.1 million or $0.54 per share, wider than $56.4 million or $0.43 per share in the comparable quarter last year.

Results include significant items of $34.6 million for the three months ended March 31, 2013, and $22.7 million for the comparable 2012 period.

On average, 4 analysts polled by Thomson Reuters expected loss per share of $0.20 for the quarter. Analysts' estimates typically exclude one-time items.

Total revenues were $65.91 million, down from $70.47 million in the prior year quarter, while two analysts estimated revenues of $74.85 million for the quarter.

by RTTNews Staff Writer

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