New Fortress Energy (NASDAQ:NFE) reported its Q4 earnings results on Tuesday, March 1, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
New Fortress Energy missed estimated earnings by 20.88%, reporting an EPS of $0.72 versus an estimate of $0.91.
Revenue was up $502.94 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.37 which was followed by a 1.5% increase in the share price the next day.
Here's a look at New Fortress Energy's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.32 | 0.16 | 0.01 | 0.04 |
| EPS Actual | -0.05 | -0.03 | -0.21 | 0 |
| Revenue Estimate | 366.00M | 340.09M | 162.46M | 165.21M |
| Revenue Actual | 304.66M | 223.84M | 145.68M | 145.70M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
