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New Fortress Energy Q2 2023 Earnings Report

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$11.96 +0.61 (+5.37%)
(As of 12/20/2024 05:45 PM ET)

New Fortress Energy EPS Results

Actual EPS
$0.58
Consensus EPS
$0.56
Beat/Miss
Beat by +$0.02
One Year Ago EPS
$0.69

New Fortress Energy Revenue Results

Actual Revenue
$561.35 million
Expected Revenue
$573.60 million
Beat/Miss
Missed by -$12.25 million
YoY Revenue Growth
-3.10%

New Fortress Energy Announcement Details

Quarter
Q2 2023
Time
Before Market Opens

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About New Fortress Energy

New Fortress Energy (NASDAQ:NFE) operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units (FRSU) and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; Dual-fired combined heat and power facility in Clarendon, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; and LNG receiving facility and gas-fired power plant in Baja Califrnia Sur, Mexico, as well as a Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.

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