** Analysts at Jefferies expect Australia's Worley WOR.AX to report FY25 EBITA of A$825 mln ($537.24 mln) and attributable EPS of 92.6 Australian cents apiece, broadly in line with consensus
** Says the CP2 LNG project's final investment decision removes a major overhang and sees revenue impact mostly from FY27
** Worley is providing engineering, procurement, and construction $(EPC)$ services for Venture Global's VG.N CP2 LNG project in Louisiana
** Jefferies flags company's FY26 and FY27 projections could disappoint; sits 6% to 15% below consensus, citing potential weak capital expenditure on upstream oil operations
** Brokerage highlights downside risks from subdued near-term outlook for E&P activity but sees upside if resources margins hold
** Says stock trades near two-year relative lows to ASX200; reiterates "buy" with A$16.18 price target
** Nine of 10 analysts rate the stock "buy" or higher, one rates "hold"; their median PT is A$16.80, according to data compiled by LSEG
** Stock down 0.2% YTD
($1 = 1.5356 Australian dollars)
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com;))
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