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.

Earnings

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.

Past Earnings Performance

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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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Posted In: EarningsBZI-Recaps
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