New Fortress Energy (NFE) Expected to Post Quarterly Earnings on Friday

Key Points

• New Fortress Energy is expected to report Q2 2026 results before market open Friday, with analysts forecasting earnings of $0.07 per share and revenue of $731.2 million.
• The company’s previous quarter showed a significant earnings and revenue miss, with a loss of $1.30 per share versus the $0.21 expected and revenue of $312.5 million versus $511.6 million estimated.
• NFE has a “Sell” consensus rating from analysts, while its stock trades near its 52-week low and carries substantial leverage, including a 3.57 debt-to-equity ratio.

New Fortress Energy (NASDAQ:NFE - Get Free Report) is anticipated to announce its Q2 2026 results before the market opens on Friday, September 4th. Analysts expect the company to post earnings of $0.07 per share and revenue of $731.20 million for the quarter. Interested persons can find conference call details on the company's upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 7:00 AM ET.

New Fortress Energy (NASDAQ:NFE - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported ($1.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.21) by ($1.09). New Fortress Energy had a negative return on equity of 795.34% and a negative net margin of 149.40%.The firm had revenue of $312.50 million for the quarter, compared to analysts' expectations of $511.60 million. On average, analysts expect New Fortress Energy to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

New Fortress Energy Trading Up 5.5%

NFE stock opened at $0.30 on Friday. The firm has a market cap of $87.12 million, a P/E ratio of -0.11 and a beta of 1.36. The company's 50-day simple moving average is $0.34 and its 200-day simple moving average is $0.63. The company has a quick ratio of 0.15, a current ratio of 0.16 and a debt-to-equity ratio of 3.57. New Fortress Energy has a 52-week low of $0.25 and a 52-week high of $3.08.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in NFE. Daiwa Securities Group Inc. increased its position in shares of New Fortress Energy by 85.1% during the fourth quarter. Daiwa Securities Group Inc. now owns 26,086 shares of the company's stock valued at $30,000 after acquiring an additional 11,992 shares during the last quarter. Vise Technologies Inc. purchased a new position in shares of New Fortress Energy in the fourth quarter valued at approximately $37,000. Osaic Holdings Inc. boosted its stake in shares of New Fortress Energy by 244.7% in the second quarter. Osaic Holdings Inc. now owns 11,566 shares of the company's stock valued at $39,000 after purchasing an additional 8,211 shares during the period. CIBC Bancorp USA Inc. acquired a new position in shares of New Fortress Energy in the third quarter valued at approximately $40,000. Finally, IFP Advisors Inc grew its holdings in shares of New Fortress Energy by 107.1% in the third quarter. IFP Advisors Inc now owns 18,785 shares of the company's stock valued at $42,000 after purchasing an additional 9,713 shares in the last quarter. 58.61% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of New Fortress Energy in a research report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Sell".

New Fortress Energy Company Profile

New Fortress Energy is an integrated global energy infrastructure company focused on the development, construction and operation of natural gas-to-power projects and liquefied natural gas (LNG) terminals. The company sources LNG and delivers it via a network of floating storage and regasification units (FSRUs), onshore regasification terminals, and small-scale LNG carriers. By providing reliable natural gas supply solutions, New Fortress Energy aims to displace higher-carbon fuels in power generation, industrial and marine sectors.

The company's core activities include the design, development and operation of FSRUs and onshore regasification terminals that convert cryogenic LNG back to gas for delivery into domestic transmission networks.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source