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OFFON

FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTORS LLC

(FTAI)
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Fortress Transportation: Q2 Earnings Snapshot

07/28/2021 | 06:30pm EDT

NEW YORK (AP) _ Fortress Transportation and Infrastructure Investors LLC (FTAI) on Wednesday reported a loss of $30 million in its second quarter.

On a per-share basis, the New York-based company said it had a loss of 42 cents. Losses, adjusted to extinguish debt, were 38 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.

The transportation infrastructure company posted revenue of $96.9 million in the period.

Fortress Transportation shares have increased 25% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.34, more than doubling in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTAI at https://www.zacks.com/ap/FTAI

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

All news about FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTORS LLC
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Analyst Recommendations on FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTORS LLC
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Financials (USD)
Sales 2021 517 M - -
Net income 2021 -25,2 M - -
Net Debt 2021 - - -
P/E ratio 2021 -88,7x
Yield 2021 5,25%
Capitalization 2 455 M 2 455 M -
Capi. / Sales 2021 4,75x
Capi. / Sales 2022 2,80x
Nbr of Employees 158
Free-Float 99,0%
Chart FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTORS LLC
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Fortress Transportation and Infrastructure Investors LLC Technical Analysis Chart | MarketScreener
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Technical analysis trends FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTORS LLC
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Last Close Price 25,14 $
Average target price 38,70 $
Spread / Average Target 53,9%
EPS Revisions
Managers and Directors
Joseph P. Adams Chairman & Chief Executive Officer
Scott Christopher Chief Financial Officer
Paul R. Goodwin Independent Director
Ray M. Robinson Independent Director
Martin Tuchman Independent Director