Fortress Transportation: Q4 Earnings Insights

Fortress Transportation FTAI reported its Q4 earnings results on Thursday, February 24, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Fortress Transportation missed estimated earnings by 246.15%, reporting an EPS of $-0.19 versus an estimate of $0.13.

Revenue was up $70.14 million from the same period last year.

Last quarter the company missed on EPS by $0.47 which was followed by a 4.46% drop in the share price the next day.

Here's a look at Fortress Transportation's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.03	-0.13	-0.34	-0.32
EPS Actual	-0.44	-0.39	-0.40	-0.70
Revenue Estimate	145.76M	113.48M	83.21M	88.05M
Revenue Actual	135.96M	96.92M	77.15M	75.64M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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