Earnings Summary

New Fortress Energy Inc.’s revenue jumped 10.32% since last year same period to $567.54Mn in the Q3 2024. On a quarterly growth basis, New Fortress Energy Inc. has generated 32.6% jump in its revenue since last 3-months.

New Fortress Energy Inc.’s net profit fell -84.81% since last year same period to $9.3Mn in the Q3 2024. On a quarterly growth basis, New Fortress Energy Inc. has generated 110.47% jump in its net profits since last 3-months.

New Fortress Energy Inc.’s net profit margin fell -86.23% since last year same period to 1.64% in the Q3 2024. On a quarterly growth basis, New Fortress Energy Inc. has generated 107.89% jump in its net profit margins since last 3-months.

New Fortress Energy Inc.’s price-to-earnings ratio after this Q3 2024 earnings stands at 11.52.

New Fortress Energy Inc.’s earning per share (EPS) estimates for the current year stand at 0.89.

New Fortress Energy Inc.’s earning per share (EPS) fell -91.38% since last year same period to 0.05 in the Q3 2024. This indicates that the New Fortress Energy Inc. has generated -91.38% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. New Fortress Energy Inc.’s return on assets (ROA) stands at 0.05.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. New Fortress Energy Inc.’s return on equity (ROE) stands at 0.15.

New Fortress Energy Inc. declared 0.1 dividend per share during the earnings announcement for Q3 2024.