NEW YORK (AP) — NEW YORK (AP) — New Fortress Energy Inc. (NFE) on Thursday reported third-quarter profit of $9.3 million.
On a per-share basis, the New York-based company said it had profit of 3 cents. Earnings, adjusted for asset impairment costs, were 5 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The company posted revenue of $567.5 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $506.7 million.
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