Fuel Tech Inc expected to post a loss of 1 cent a share - Earnings Preview

Fuel Tech

04/05/2024 02:06

* Fuel Tech Inc  FTEK.OQ   FTEK.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Warrenville Illinois-based  company is expected to
report a
7.7% decrease in revenue to $6.728 million from $7.29 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Fuel Tech Inc is for a
loss
of 1 cent per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Fuel Tech
Inc is
$4.00​, above​ its last closing price of $1.25. ​​​

This summary was machine generated May 4 at 01:06 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)