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

Fuel Tech

09/05/2023 23:40

* Fuel Tech Inc  FTEK.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 2 cents per
share.
    * Revenue rose 31.7% to $7.29 million from a year ago;
analysts
expected $6.35 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 held steady so far this
quarter and
gained 0.4% so far this year.
    * The company reported a quarterly loss of $414 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 LSEG Refinitiv data May
9 at 10:40 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.02          -0.01          Beat
 Dec. 31 2022      -0.03          -0.01          Beat
 Sep. 30 2022      -0.02          0.01           Beat
 Jun. 30 2022      -0.03          -0.01          Beat