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

Fuel Tech

10/11/2021 17:14

* Fuel Tech Inc  FTEK.OQ  reported quarterly adjusted earnings
of 2 cents​​ per share for the quarter ended in September. The
lone analyst forecast for the quarter was for a loss of 3 cents
per share.
* Revenue fell 7.3% to $7.56 million from a year ago;  analysts
expected $6.59 million. 
* Fuel Tech Inc's reported EPS for the quarter was 2 cents​.
* The mean earnings estimate of analysts was unchanged 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 10.1% this quarter and
lost 50.6% so far this year.
* The company reported quarterly net income of $678 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 November 10 at 05:14 p.m.
 ​All figures in US dollars unless otherwise stated