FTAI Infrastructure (NASDAQ: FIP) has announced that it will be releasing its financial results for the third quarter of 2024 on Wednesday 30th October 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.
Wall Street financial analysts are foreseeing that the company is likely to announce an estimated per share $0.40 loss for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $94.3 million during the quarter.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share loss of $0.55. This figure was a result of the company's total revenue, which reached an impressive $80.71 million million during that specific period.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $363.33 million. Additionally, they expect the company to report per share loss of $1.8 for the fiscal year.
Additionally, The company will host a conference call with investors and analysts on 31st October 2024 at 08:00 AM eastern time to review the Q3 2024 financial results.
FTAI Infrastructure (FIP) experienced a trading range of $8.86 to $9.22, along with a total volume of 852.80 thousand shares during the day. The stock concluded Monday's regular trading session at $8.88, showing drop of 2.09 percent.