Earnings Preview For New Fortress Energy
Portfolio Pulse from Benzinga Insights
New Fortress Energy (NASDAQ:NFE) is set to release its quarterly earnings report on Tuesday, 2023-08-08. Analysts estimate an EPS of $0.56. The company's past performance shows a trend of beating EPS estimates, which often leads to a share price increase. However, the stock has been on a downward trend, with shares down 48.98% over the last 52-week period.
August 07, 2023 | 2:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
New Fortress Energy is expected to report an EPS of $0.56. The company has a history of beating EPS estimates, which could potentially lead to a short-term increase in share price. However, the stock has been on a downward trend, which could impact investor sentiment.
The company's earnings report could potentially lead to a short-term increase in share price if they beat the estimated EPS, as they have done in the past. However, the overall downward trend of the stock could negatively impact investor sentiment, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100