Fortress Transportation: Overview of Second Quarter Results

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Fortress Transport FTAA announced its second quarter results on Wednesday, July 27, 2022 at 4:15 p.m.

Here’s what investors need to know about the announcement.

Earnings

Fortress Transportation missed estimated earnings by 45.0%, reporting EPS of $0.11 versus an estimate of $0.2.

Revenue increased by $81.02 million over the same period last year.

Past Earnings Performance

Last quarter, the company missed EPS by $2.21, followed by an 11.38% decline in share price the next day.

Here’s a look at Fortress Transportation’s past performance:








Trimester Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS estimate -0.09 0.13 0.03 -0.13
Actual EPS -2.30 -0.19 -0.44 -0.39
Revenue estimate 166.65M 173.86M 145.76M 113.48M
Actual turnover 137.84M 145.78M 135.96M 96.92M








Trimester Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS estimate -0.09 0.13 0.03 -0.13
Actual EPS -2.30 -0.19 -0.44 -0.39
Revenue estimate 166.65M 173.86M 145.76M 113.48M
Actual turnover 137.84M 145.78M 135.96M 96.92M

To follow all earnings releases for Fortress Transportation, visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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