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

Fuel Tech

10/08/2022 22:43

* Fuel Tech Inc  FTEK.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in June. The lone analyst
forecast for the quarter was for a loss of 3 cents per share.
    * Revenue rose 22% to $6.37 million from a year ago;
analysts
expected $6.13 million. 
    * Fuel Tech Inc's reported EPS for the quarter was a loss of
1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 50%
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 risen by 4.8% this quarter and
lost 7.1% so far this year.
    * The company reported a quarterly loss of $356 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 from Refinitiv data August 10
at 09:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.03          -0.01          Beat
 Mar. 31 2022      -0.02          -0.03          Missed
 Dec. 31 2021      0.00           -0.01          Missed
 Sep. 30 2021      -0.03          0.02           Beat