Fortress Transportation (NYSE:FTAI) reported its Q4 earnings results on Thursday, February 24, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Fortress Transportation missed estimated earnings by 246.15%, reporting an EPS of $-0.19 versus an estimate of $0.13.
Revenue was up $70.14 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.47 which was followed by a 4.46% drop in the share price the next day.
Here's a look at Fortress Transportation's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.03 | -0.13 | -0.34 | -0.32 |
| EPS Actual | -0.44 | -0.39 | -0.40 | -0.70 |
| Revenue Estimate | 145.76M | 113.48M | 83.21M | 88.05M |
| Revenue Actual | 135.96M | 96.92M | 77.15M | 75.64M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
