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

Fuel Tech

10/08/2021 23:32

* Fuel Tech Inc  FTEK.OQ  reported a quarterly adjusted loss
of 3 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 6 cents per
share.
* Revenue rose 18.6% to $5.22 million from a year ago;  analysts
expected $4.73 million. 
* Fuel Tech Inc's reported EPS for the quarter was a loss of 3
cents​.
* The mean earnings estimate of analysts had fallen by about 20%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Fuel Tech Inc shares had fallen by 14.9% this quarter and
lost 48.5% so far this year.
* The company reported a quarterly loss of $778 thousand.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 10 at 10:32 p.m.  ​All
figures in US dollars unless otherwise stated