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New Fortress Energy Q1 Adjusted Earnings Down, Revenue Advances
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New Fortress Energy Q1 Adjusted Earnings Down, Revenue Advances
May 8, 2024 5:20 AM

07:55 AM EDT, 05/08/2024 (MT Newswires) -- New Fortress Energy ( NFE ) reported Q1 adjusted earnings Wednesday of $0.67 per diluted share, down from $0.90 a year earlier.

Analysts polled by Capital IQ expected $0.64.

Revenue for the quarter ended March 31 was $690.3 million, up from $579.1 million a year earlier.

Analysts surveyed by Capital IQ expected $642.1 million.

Shares of the liquefied natural gas service and infrastructure provider were up more than 1% in recent premarket activity.

Price: 26.43, Change: +0.31, Percent Change: +1.19

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