Recap: New Fortress Energy Q4 Earnings

New Fortress Energy 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.

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.

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.

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