New Fortress Energy (NFE) Q3 Earnings and Revenues Beat Estimates
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New Fortress Energy (NFE) reported Q3 earnings of $0.05 per share, surpassing the Zacks Consensus Estimate of $0.01 per share, though down from $0.30 per share a year ago.
November 07, 2024 | 2:45 pm
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New Fortress Energy's Q3 earnings of $0.05 per share exceeded expectations, but are lower than last year's $0.30 per share.
The earnings beat is positive news and may lead to a short-term increase in stock price. However, the year-over-year decline in earnings could temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100