Fuel Tech (FTEK) Scheduled to Post Quarterly Earnings on Tuesday

Fuel Tech (NASDAQ:FTEK) will be posting its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Fuel Tech to post earnings of ($0.01) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Fuel Tech (NASDAQ:FTEK) last announced its quarterly earnings data on Monday, March 11th. The industrial products company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01. The firm had revenue of $6.35 million for the quarter, compared to the consensus estimate of $6.90 million. Fuel Tech had a negative net margin of 5.68% and a negative return on equity of 3.49%.

Fuel Tech Stock Performance

Shares of NASDAQ:FTEK opened at $1.25 on Friday. The firm has a 50 day moving average of $1.17 and a 200-day moving average of $1.10. Fuel Tech has a 12 month low of $0.96 and a 12 month high of $1.48. The stock has a market capitalization of $37.99 million, a PE ratio of -25.00 and a beta of 4.21.

Analysts Set New Price Targets

Several equities research analysts have weighed in on FTEK shares. HC Wainwright restated a “buy” rating and set a $4.00 target price on shares of Fuel Tech in a research note on Wednesday, March 13th. StockNews.com initiated coverage on shares of Fuel Tech in a report on Thursday. They set a “hold” rating on the stock.

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.