Fuel Tech Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters

Nov 07, 2024

* Fuel Tech Inc reported quarterly breakeven results per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 1 cents. The lone analyst forecast for the quarter was for earnings of one cent per share.

* Revenue fell 1.7% to $7.85 million from a year ago; analysts expected $8.47 million.

* Fuel Tech Inc's reported EPS for the quarter was breakeven results.

* The company reported quarterly net income of $80 thousand.

* Fuel Tech Inc shares had fallen by 1.9% this quarter.

FORECAST CHANGES

* 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.

RECOMMENDATIONS

* 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."

* The average consensus recommendation for the environmental services & equipment peer group is also "buy"

Wall Street's median 12-month price target for Fuel Tech Inc is $4.00 This summary was machine generated from LSEG data November 7 at 05:08 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.01 0.00 Missed

Jun. 30 2024 -0.02 -0.01 Beat

Mar. 31 2024 -0.01 0.01 Beat

Dec. 31 2023 -0.03 -0.02 Beat

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The lone analyst forecast for the quarter was for earnings of one cent per share. </p><p>   * Revenue fell 1.7% to $7.85 million from a year ago; analysts expected $8.47 million. </p><p>   * Fuel Tech Inc's reported EPS for the quarter was breakeven results.</p><p>   * The company reported quarterly net income of $80 thousand.</p><p>   * Fuel Tech Inc shares had fallen by 1.9% this quarter.</p><p>FORECAST CHANGES</p><p>   * The mean earnings estimate of analysts was unchanged in the last three months. </p><p>   * In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.</p><p>RECOMMENDATIONS</p><p>   * 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.\" </p><p>   * The average consensus recommendation for the environmental services &amp; equipment peer group is also \"buy\"</p><p>Wall Street's median 12-month price target for Fuel Tech Inc is $4.00  This summary was machine generated from LSEG data November 7 at 05:08 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,</p><p>                                                MISSED</p><p>Sep. 30 2024      0.01           0.00           Missed</p><p>Jun. 30 2024      -0.02          -0.01          Beat</p><p>Mar. 31 2024      -0.01          0.01           Beat</p><p>Dec. 31 2023      -0.03          -0.02          Beat</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FTEK","symbol_name":"燃料技术","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2481917098","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481917098","pubTimestamp":1730956121,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* Fuel Tech Inc    reported quarterly breakeven results per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 1 cents.  The lone analyst","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"FTEK":"燃料技术"},"translate_title":"Fuel Tech Inc报告截至9月30日的季度业绩-收益摘要","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FTEK":1},"content_text":"* Fuel Tech Inc    reported quarterly breakeven results per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 1 cents.  The lone analyst forecast for the quarter was for earnings of one cent per share.    * Revenue fell 1.7% to $7.85 million from a year ago; analysts expected $8.47 million.    * Fuel Tech Inc's reported EPS for the quarter was breakeven results.   * The company reported quarterly net income of $80 thousand.   * Fuel Tech Inc shares had fallen by 1.9% this quarter.FORECAST CHANGES   * 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.RECOMMENDATIONS   * 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.\"    * The average consensus recommendation for the environmental services & equipment peer group is also \"buy\"Wall Street's median 12-month price target for Fuel Tech Inc is $4.00  This summary was machine generated from LSEG data November 7 at 05:08 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,                                                MISSEDSep. 30 2024      0.01           0.00           MissedJun. 30 2024      -0.02          -0.01          BeatMar. 31 2024      -0.01          0.01           BeatDec. 31 2023      -0.03          -0.02          Beat","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}