Fuelcell Energy Inc expected to post a loss of $1.75 a share - Earnings Preview

FuelCell Energy

17/12/2024 13:33

* Fuelcell Energy Inc  FCEL.OQ   FCEL.O  is expected to show
a
rise in quarterly revenue when it reports  results on December
19 for the period ending October 31 2024
    * The Danbury Connecticut-based  company is expected to
report a
76.8% increase in revenue to $39.716 million from $22.46 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Fuelcell Energy Inc is
for a
loss of $1.75 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Fuelcell
Energy
Inc is $26.25​, above​ its last closing price of $10.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2024  -2.14       -2.16      -2.10     Beat    2.8
 Apr. 30 2024  -2.25       -2.29      -2.10     Beat    8.2
 Jan. 31 2024  -2.38       -2.40      -1.50     Beat    37.6​
 Oct. 31 2023  -2.52       -2.50      -2.10     Beat    16.1
 ​​Jul.        -2.47       -2.31      -1.80     Beat    22.1
 31 2023                                                
 Apr. 30 2023  -2.23       -2.26      -2.70     Missed  -19.3​
 Jan. 31 2023  -2.20       -2.18      -1.50     Beat    31.1
 Oct. 31 2022  -2.22       -2.03      -3.30     Missed  -62.6
 This summary was machine generated December 17 at 13:32 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)