New Fortress Energy's Earnings Forecast for FY24 and FY25

Friday, 9 August 2024, 11:23

New Fortress Energy has projected an adjusted EBITDA ranging from $1.4 billion to $1.5 billion for the fiscal year 2024 (FY24), with a forecast of $1.3 billion for fiscal year 2025 (FY25). The strong earnings outlook indicates robust operational performance amidst changing market dynamics. The company continues to position itself favorably in the energy sector, highlighting its resilience and growth potential in the years ahead.
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New Fortress Energy's Earnings Forecast for FY24 and FY25

Earnings Forecast Overview

New Fortress Energy has announced its earnings forecast for the upcoming fiscal years. The company projects significant growth in its adjusted EBITDA, showcasing a promising financial landscape.

FY24 and FY25 Projections

  • FY24 Adjusted EBITDA: $1.4B - $1.5B
  • FY25 Adjusted EBITDA: $1.3B

Conclusion

The forecasted growth in adjusted EBITDA for New Fortress Energy signals a strong performance and ambitious future strategy. This positions the company favorably within the energy sector as it continues to adapt to market changes.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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