New Fortress Energy Announces First Quarter 2019 Results

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New Fortress Energy LLC (NFE) Misses Q1 EPS by 77c, Revenues Miss

May 15, 2019 6:51 AM EDT

New Fortress Energy LLC (NASDAQ: NFE) reported Q1 EPS of ($0.96), $0.77 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $30 million versus the consensus estimate of $52.14 million.

Revenue for Q1 2019 increased vs. Q1 2018 due to added volumes sold... More