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

Fuel Tech (NASDAQ:FTEK) will 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. Parties that are interested in registering for the company’s conference call can do so using this link.

Fuel Tech (NASDAQ:FTEK) last released its quarterly earnings data on Tuesday, August 6th. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $7.04 million during the quarter, compared to analyst estimates of $5.81 million. During the same quarter in the previous year, the firm posted ($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 Performance

FTEK stock remained flat at $1.02 during trading on Tuesday. The company’s stock had a trading volume of 28,579 shares, compared to its average volume of 69,407. Fuel Tech has a one year low of $0.91 and a one year high of $1.34. The company has a fifty day simple moving average of $1.02 and a two-hundred day simple moving average of $1.07. The stock has a market capitalization of $31.32 million, a price-to-earnings ratio of -102.00 and a beta of 4.13.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Fuel Tech in a research report on Saturday. They set a “hold” rating for the company.

About Fuel Tech

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.