Loading...
•
Mar 31, 2023
New Fortress Energy Q1 2023 Earnings Report
Reported record quarterly Adjusted EBITDA and announced 2023 Illustrative Adjusted Net Income Goal.
Key Takeaways
New Fortress Energy reported strong Q1 2023 results, including a record quarterly Adjusted EBITDA of $440 million and net income of $152 million. The company is on track to achieve its Illustrative Adjusted EBITDA Goal of ~$2.0 billion for 2023 and announced a 2023 Illustrative Adjusted Net Income Goal of ~$1.2 billion.
Reported record quarterly Adjusted EBITDA of $440 million for Q1 2023.
Net income for Q1 2023 was $152 million.
Adjusted EPS for Q1 2023 was $0.90 per share on a fully diluted basis.
Announced a 2023 Illustrative Adjusted Net Income Goal of ~$1.2 billion.
Revenue by Segment
Forward Guidance
The company is on track to achieve its Illustrative Adjusted EBITDA Goal of ~$2.0 billion for 2023 and announced a 2023 Illustrative Adjusted Net Income Goal of ~$1.2 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
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...