Fuel Tech Inc expected to post a loss of 2  cents a share - Earnings Preview

Fuel Tech

06/05/2022 23:18

* Fuel Tech Inc  FTEK.OQ   FTEK.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 10. 
    * The Warrenville Illinois-based  company is expected to
report  a
18.3% increase in revenue to $5.952 million from $5.03 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Fuel Tech Inc is
for a
loss of 2 cents per share. For the same quarter last year, the
company reported earnings of 1 cent per share.
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the environmental
services & equipment peer group is also "Buy".​
    * Wall Street's median 12-month price target for Fuel Tech
Inc is
$4​, above​ its last closing price of $1.34. ​​​

This summary was machine generated May 6 at 22:17 GMT.  All
figures in US dollars  unless otherwise stated