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

Fuel Tech

08/11/2022 23:48

* Fuel Tech Inc  FTEK.OQ  reported quarterly adjusted
earnings of
1 cent​​ per share for the quarter ended in September. The lone
analyst forecast for the quarter was for a loss of 2 cents per
share.
    * Revenue rose 6.1% to $8.02 million from a year ago;
analysts
expected $6.62 million. 
    * Fuel Tech Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 100%
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 5.1% this quarter and
lost 12.1% so far this year.
    * The company reported quarterly net income of $314
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 November
8 at 11:48 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.02          0.01           Beat
 Jun. 30 2022      -0.03          -0.01          Beat
 Mar. 31 2022      -0.02          -0.03          Missed
 Dec. 31 2021      0.00           -0.01          Missed