Fuel Tech, Inc. (NASDAQ:FTEK) is reporting third quarter earnings results on Tuesday 10th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.05 per share.
For the full year, analysts predict revenues of $ 23.51 million, while looking forward to loss of $ 0.27 per share.
Previous Quarter Performance
Fuel Tech, Inc. unwinded loss for the second quarter of $ 0.10 per share, from the revenue of $ 4.40 million. The quarterly revenues dropped 63.67 percent compared with the same quarter last year. The consensus estimates are $ 4.67 million in revenue The top line results fell short of analysts by $ 0.27 million or 5.78 percent.
Stock Performance
Shares of Fuel Tech, Inc. traded up $ 0.07 or 8.74 percent on Monday, reaching $ 0.81 with volume of 85.70 thousand shares. Fuel Tech, Inc. has traded high as $ 0.81 and has cracked $ 0.75 on the downward trend
According to the previous trading day, closing price of $ 0.81, representing a 146.67 % increase from the 52 week low of $ 0.30 and a 50.34 % decrease over the 52 week high of $ 1.49.
The company has a market capital of $ 20.01 million and is part of the Industrials sector and Pollution & Treatment Controls industry.
Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through Air Pollution Control Technology and FUEL CHEM Technology segments.
