Golar 2Q22 schedule and minor stock news ?4
Golar LNG has scheduled its second quarter report for the morning of August 11th. The average of 8 analyst estimates is 30 cents of EPS from $91.1M of revenue, rising to $91.8M this quarter. It is quite possible that I will prioritize the Golar call over the simultaneous one from Himax that morning. As commented, Golar's management could now be in a position to provide some much needed clarity. By contrast, only the Himax guidance will matter, and the outlook for the stock won't be clear of left vs right interpretations on Taiwan until August is expiring.
BGC adding an FMX board director from JP Morgan Chase is somewhat more positive than the prior one, but it still seems like FMX and much of the market are on hold until midterm results are known.
Only then will we see how D.C. (Disconnected Congress) will change, but there are signs that Putin's war could be moving toward a slow wind down. The only thing we will know in the coming week is whether or not the scaled down Build Back Better gets through before the recess. Even the prospect has boosted CWEN(A) shares, since anything at all was thought dead. However, passage still looks like a coin flip to me, so I'm not chasing ahead of tomorrow's results.
On the other side of the pond, Haffner Energy garnering more market support is also vaguely positive for Xebec. Haffner stock may be rebounding after dropping almost 25% on Euronext. It is currently 12% below its IPO price.