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

Fuel Tech

05/08/2023 03:11

* Fuel Tech Inc  FTEK.OQ   FTEK.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 8. 
    * The Warrenville Illinois-based  company is expected to
report  a
1.2% decrease in revenue to $6.291 million from $6.37 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. 
    * 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​, above​ its last closing price of $1.23. ​​​

This summary was machine generated August 5 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated