New Fortress Energy Revises FY23 Illustrative Adj. EBITDA Guidance To $1.6B, Reaffirms FY24 Adj. EBITDA At $2.4B
Portfolio Pulse from Benzinga Newsdesk
New Fortress Energy has revised its FY23 illustrative adjusted EBITDA guidance to $1.6 billion, while reaffirming its FY24 adjusted EBITDA at $2.4 billion.
August 08, 2023 | 11:25 am
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New Fortress Energy has updated its FY23 EBITDA guidance to $1.6 billion, but kept its FY24 EBITDA forecast at $2.4 billion.
New Fortress Energy's revision of its FY23 EBITDA guidance could indicate a change in the company's financial outlook. However, as the FY24 EBITDA forecast remains unchanged, the overall impact on the stock price is likely to be neutral in the short term.
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