Fuel Tech Inc expected to post a loss of 3 cents a share - Earnings Preview

Fuel Tech

08/03/2024 20:25

* Fuel Tech Inc  FTEK.OQ   FTEK.O  is expected to show a
fall in
quarterly revenue when it reports  results on March 11 for the
period ending December 31 2023
    * The Warrenville Illinois-based  company is expected to
report a
1.8% decrease in revenue to $6.897 million from $7.02 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 3 cents 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
$4.00​, above​ its last closing price of $1.14. ​​​

This summary was machine generated March 8 at 20:25 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)