Fuel Tech Inc reports results for the quarter ended in December - Earnings Summary

Fuel Tech

09/03/2022 24:13

* Fuel Tech Inc  FTEK.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in December. The lone
analyst forecast for the quarter was for breakeven results per
share.
    * Revenue rose 3.8% to $6.45 million from a year ago; 
analysts
expected $7.09 million. 
    * Fuel Tech Inc's reported EPS for the quarter was a loss of
1
cent​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Fuel Tech Inc shares had fallen by 12.1% this quarter.
    * The company reported a quarterly loss of $244 thousand.
    * Wall Street's median 12-month price target for Fuel Tech
Inc is
$4.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 9 at 12:13 a.m.  ​All
figures in US dollars unless otherwise stated