FTAI Infrastructure (NASDAQ:FIP) Misses Q3 Revenue Estimates, Stock Drops

StockStory10-31 06:00

FTAI Infrastructure (NASDAQ:FIP) Misses Q3 Revenue Estimates, Stock Drops Infrastructure investment and operations firm FTAI Infrastructure (NASDAQ:FIP) missed Wall Street’s revenue expectations ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFTAI Infrastructure (NASDAQ:FIP) Misses Q3 Revenue Estimates, Stock Drops\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-31 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/ftai-infrastructure-nasdaq-fip-misses-220016275.html><strong>StockStory</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FTAI Infrastructure (NASDAQ:FIP) Misses Q3 Revenue Estimates, Stock Drops \n \n\nInfrastructure investment and operations firm FTAI Infrastructure (NASDAQ:FIP) missed Wall Street’s revenue expectations ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ftai-infrastructure-nasdaq-fip-misses-220016275.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FIP","symbol_name":"FTAI Infrastructure Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/ftai-infrastructure-nasdaq-fip-misses-220016275.html","article_id":"2479619767","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/3bunzhh2Y7hJSWHf48JBAg--~B/aD03MDA7dz0xNDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/stockstory_922/6aaa0b7ca2c618c3b4bb9bebe38643b9"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479619767","pubTimestamp":1730325616,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Infrastructure investment and operations firm FTAI Infrastructure  missed Wall Street’s revenue expectations in Q3 CY2024 as sales rose 3.2% year on year to $83.31 million. Its GAAP loss of $0.45 per share was also 13.4% below analysts’ consensus estimates.Is now the time to buy FTAI Infrastructure?Revenue: $83.31 million vs analyst estimates of $94.3 million . EBITDA: $36.93 million vs analyst estimates of $37.67 million . Spun off from FTAI Aviation in 2021, FTAI Infrastructure  invests in and operates infrastructure and related assets across the transportation and energy sectors.Today’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"FIP":"FTAI Infrastructure Inc.","FTAI":"FTAI AVIATION LTD",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所"},"translate_title":"FTAI基础设施（纳斯达克：FIP）第三季度收入未达预期，股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".IXIC":1,"FIP":1,"FTAI":1,"NDAQ":1},"content_text":"FTAI Infrastructure (NASDAQ:FIP) Misses Q3 Revenue Estimates, Stock Drops \n \n\nInfrastructure investment and operations firm FTAI Infrastructure (NASDAQ:FIP) missed Wall Street’s revenue expectations in Q3 CY2024 as sales rose 3.2% year on year to $83.31 million. Its GAAP loss of $0.45 per share was also 13.4% below analysts’ consensus estimates. \nIs now the time to buy FTAI Infrastructure? Find out in our full research report.\n\nFTAI Infrastructure (FIP) Q3 CY2024 Highlights:\n\nRevenue: $83.31 million vs analyst estimates of $94.3 million (11.7% miss)\nEPS: -$0.45 vs analyst expectations of -$0.40 ($0.05 miss)\nEBITDA: $36.93 million vs analyst estimates of $37.67 million (2% miss)\nEBITDA Margin: 44.3%\nFree Cash Flow was -$11.66 million, down from $1.70 million in the same quarter last year\nMarket Capitalization: $907.6 million\n\n\nCompany Overview\nSpun off from FTAI Aviation in 2021, FTAI Infrastructure (NASDAQ:FIP) invests in and operates infrastructure and related assets across the transportation and energy sectors. \nEnergy Products and Services\nAreas like the energy transition and emission reduction are thematic and front of mind today. This can be a double-edged sword for the energy products and services industry. Those who innovate and build new expertise can jolt demand while those who cling to legacy technologies or fall behind in the trending areas could see their market shares diminish. Bigger picture, energy products and services companies are still at the whim of construction and infrastructure project volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates.\nSales Growth\nA company’s long-term performance can indicate its business quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Luckily, FTAI Infrastructure’s sales grew at an incredible 51.1% compounded annual growth rate over the last three years. This is encouraging because it shows FTAI Infrastructure’s offerings resonate with customers, a helpful starting point. \n\nLong-term growth is the most important, but within industrials, a stretched historical view may miss new industry trends or demand cycles. FTAI Infrastructure’s annualized revenue growth of 18.1% over the last two years is below its three-year trend, but we still think the results were good and suggest demand was strong. \nThis quarter, FTAI Infrastructure’s revenue grew 3.2% year on year to $83.31 million, falling short of Wall Street’s estimates. \nLooking ahead, sell-side analysts expect revenue to grow 31.1% over the next 12 months, an improvement versus the last two years. This projection is healthy and indicates the market believes its newer products and services will spur faster growth. \nToday’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.\nOperating Margin\nFTAI Infrastructure’s high expenses have contributed to an average operating margin of negative 17.6% over the last four years. Unprofitable industrials companies require extra attention because they could get caught swimming naked when the tide goes out. It’s hard to trust that the business can endure a full cycle. \nOn the plus side, FTAI Infrastructure’s annual operating margin rose by 79.1 percentage points over the last four years, as its sales growth gave it operating leverage. Still, it will take much more for the company to reach long-term profitability. \n\nEarnings Per Share\nWe track the change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company’s growth was profitable. \n\nFTAI Infrastructure’s earnings losses deepened over the last two years as its EPS dropped 21.6% annually. We’ll keep a close eye on the company as diminishing earnings could imply changing secular trends and preferences. \nIn Q3, FTAI Infrastructure reported EPS at negative $0.45, up from negative $0.55 in the same quarter last year. Despite growing year on year, this print missed analysts’ estimates. Over the next 12 months, Wall Street expects FTAI Infrastructure to improve its earnings losses. Analysts forecast its full-year EPS of negative $1.98 will advance to negative $1.00. \nKey Takeaways from FTAI Infrastructure’s Q3 Results\n We struggled to find many strong positives in these results. Its revenue missed and its EPS fell short of Wall Street’s estimates. Overall, this was a weaker quarter. The stock traded down 5.3% to $8.09 immediately following the results. \nThe latest quarter from FTAI Infrastructure’s wasn’t that good. One earnings report doesn’t define a company’s quality, though, so let’s explore whether the stock is a buy at the current price. When making that decision, it’s important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it’s free.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479619767"}