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New Fortress Energy (NFE) Earnings Date, Estimates & Call Transcripts

$25.13
-0.12 (-0.48%)
(As of 05/24/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 13Estimated
Actual EPS
(May. 8)
$0.67 Beat By $0.07
Consensus EPS
(May. 8)
$0.60
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NFE Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

NFE Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

New Fortress Energy Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242$0.67$1.19$0.93
Q2 20242$0.12$1.79$0.96
Q3 20242$0.54$1.79$1.17
Q4 20242$0.53$2.33$1.43
FY 20248$1.86$7.10$4.48

NFE Earnings Date and Information

New Fortress Energy last released its earnings results on May 8th, 2024. The reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.07. The company had revenue of $690.30 million for the quarter, compared to the consensus estimate of $602.41 million. Its revenue was up 19.2% compared to the same quarter last year. New Fortress Energy has generated $2.20 earnings per share over the last year ($2.20 diluted earnings per share) and currently has a price-to-earnings ratio of 11.4. Earnings for New Fortress Energy are expected to grow by 62.80% in the coming year, from $2.07 to $3.37 per share. New Fortress Energy has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 13th, 2024 based off prior year's report dates.

New Fortress Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/13/2024
(Estimated)
------- 
5/8/2024Q1 2024$0.60$0.67+$0.07$1.08$602.41 million$690.30 million    
2/29/2024Q4 2023$0.93$1.01+$0.08$0.96$647.54 million$758.60 million    
11/8/2023Q3 2023$0.19$0.30+$0.11$0.30$499.57 million$514.50 million      
8/8/2023Q2 2023$0.56$0.58+$0.02$0.58$573.60 million$561.35 million      
5/4/2023Q1 2023$0.97$0.90($0.07)$1.09$700.26 million$579.10 million    
2/28/2023Q4 2022$0.94$0.87($0.07)$1.44$714.51 million$546.40 million      
11/8/2022Q3 2022$0.99$0.41($0.58)$0.53$741.10 million$731.93 million    
8/3/2022Q2 2022$0.61$0.69+$0.08$2.19$654.41 million$584.86 million
5/4/2022Q1 2022$0.65$1.13+$0.48$1.13$505.85 million$505.10 million      
2/28/2022Q4 2021$1.06$1.14+$0.08$1.56$482.92 million$648.50 million    
11/2/2021Q3 2021$0.45($0.05)($0.50)($0.05)$366.45 million$304.70 million    
8/4/2021Q2 2021($0.05)($0.03)+$0.02$0.19$288.72 million$223.80 million  
5/7/2021Q1$0.05($0.21)($0.26)($0.21)$189.44 million$145.70 million  
10/29/2020Q3 2020$0.12($0.21)($0.33)$0.07$145.57 million$136.90 million  
8/3/2020Q2 2020($0.15)($0.24)($0.09)$1.92$119.47 million$94.57 million  
5/4/2020Q1 2020($0.22)($0.32)($0.10)($0.32)$94.26 million$74.53 million  
3/4/2020Q4 2019($0.23)($0.30)($0.07)($0.30)$37.94 million$69.75 million  
11/11/2019Q3($0.23)($0.30)($0.07)($0.30)$40.41 million$49.66 million  
8/12/2019Q2 2019($0.26)($0.2797)($0.0197)($0.28)$42.91 million$39.77 million

New Fortress Energy Earnings - Frequently Asked Questions

When is New Fortress Energy's earnings date?

New Fortress Energy has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 13th, 2024 based off last year's report dates. Learn more on NFE's earnings history.

Did New Fortress Energy beat their earnings estimates last quarter?

In the previous quarter, New Fortress Energy (NASDAQ:NFE) reported $0.67 earnings per share (EPS) to beat the analysts' consensus estimate of $0.60 by $0.07. Learn more on analysts' earnings estimate vs. NFE's actual earnings.

How can I listen to New Fortress Energy's earnings conference call?

The conference call for New Fortress Energy's latest earnings report can be listened to online. Listen to Conference Call

How can I read New Fortress Energy's conference call transcript?

The conference call transcript for New Fortress Energy's latest earnings report can be read online. Read Transcript

How much revenue does New Fortress Energy generate each year?

New Fortress Energy (NASDAQ:NFE) has a recorded annual revenue of $2.41 billion.

How much profit does New Fortress Energy generate each year?

New Fortress Energy (NASDAQ:NFE) has a recorded net income of $547.88 million. NFE has generated $2.20 earnings per share over the last four quarters.

What is New Fortress Energy's price-to-earnings ratio?

New Fortress Energy (NASDAQ:NFE) has a trailing price-to-earnings ratio of 11.42 and a forward price-to-earnings ratio of 12.14.

What is New Fortress Energy's EPS forecast for next year?

New Fortress Energy's earnings are expected to grow from $2.07 per share to $3.37 per share in the next year, which is a 62.80% increase.


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This page (NASDAQ:NFE) was last updated on 5/26/2024 by MarketBeat.com Staff

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