New Fortress Energy reports Q4 adjusted EPS $1.01, consensus 78c

Reports Q4 revenue $514.46M, consensus $657.72M. “This year was a record by all of our reported metrics and importantly, during the second half of the year, there was no profit from Cargo Sales recorded. In other words, all of our performance was a result of downstream operating results. This is a major change in the Company’s performance, and a significant and meaningful improvement in both the quality and quantity of our results,” said Wes Edens, NFE president and chief executive officer.”