Loading...
•
Mar 31, 2022
New Fortress Energy Q1 2022 Earnings Report
Reported financial results for the first quarter of 2022.
Key Takeaways
New Fortress Energy reported a net income of $241.2 million and an Adjusted EBITDA of $257.7 million for Q1 2022.
Reported Q1 2022 net cash flow from operations of $114 million, net income of approximately $241 million and EPS of $1.13 per share on a fully diluted basis
Reported Q1 2022 Adjusted EBITDA of approximately $258 million
Reiterated on-track to achieve illustrative full-year 2022 and 2023 Adjusted EBITDA targets of $1.0+ billion and $1.5+ billion, respectively
NFE’s Board of Directors approved a dividend of $0.10 per share, with a record date of June 14, 2022 and a payment date of June 28, 2022
Forward Guidance
The company expects to reach FID and break ground on U.S. Gulf Coast green hydrogen project in Q2 2022.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...