These Analysts Slash Their Forecasts On New Fortress Energy Following Q2 Results
New Fortress Energy(NFE) Benzinga·2024-08-13 01:34
New Fortress Energy Inc. NFE reported worse-than-expected second-quarter financial results on Friday. New Fortress Energy reported quarterly losses of 41 cents per share which missed the analyst consensus estimate of 7 cents per share. The company reported quarterly sales of $428.01 million which missed the analyst consensus estimate of $509.24 million, according to data from Benzinga Pro. "Our Adjusted EBITDA in the second quarter of $120 million was well below our expectation of $275 million. This was lar ...