Fuel Tech (FTEK) Set to Announce Quarterly Earnings on Wednesday

Fuel Tech (NASDAQ:FTEK) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Fuel Tech (NASDAQ:FTEK) last posted its quarterly earnings data on Tuesday, August 6th. The industrial products company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. Fuel Tech had a negative return on equity of 0.50% and a negative net margin of 0.84%. The firm had revenue of $7.04 million during the quarter, compared to the consensus estimate of $5.81 million. During the same period in the prior year, the company earned ($0.03) EPS. On average, analysts expect Fuel Tech to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Fuel Tech Stock Down 1.0 %

Shares of FTEK opened at $1.03 on Wednesday. Fuel Tech has a 52-week low of $0.91 and a 52-week high of $1.34. The stock has a market cap of $31.30 million, a PE ratio of -34.33 and a beta of 4.13. The firm’s fifty day moving average is $1.02 and its two-hundred day moving average is $1.07.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Fuel Tech in a report on Friday, October 25th. They issued a “hold” rating for the company.

Fuel Tech Company Profile

Fuel Tech, Inc provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. The company operates through Air Pollution Control Technology and FUEL CHEM Technology segments. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT and HERT selective non-catalytic reduction systems; selective catalytic reduction systems comprising ammonia injection grid, and graduated straightening grid systems; I-NOx systems; ESP Processes and Services; ULTRA technology; and flue gas conditioning systems.