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

Fuel Tech (NASDAQ:FTEK) is scheduled to release its earnings data after the market closes on Tuesday, May 7th. Analysts expect Fuel Tech to post earnings of ($0.01) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Fuel Tech (NASDAQ:FTEK) last posted its quarterly earnings results 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. Fuel Tech had a negative net margin of 5.68% and a negative return on equity of 3.49%. The business had revenue of $6.35 million during the quarter, compared to analysts’ expectations of $6.90 million.

Fuel Tech Trading Down 0.4 %

NASDAQ:FTEK opened at $1.25 on Monday. The firm has a fifty day simple moving average of $1.17 and a 200-day simple moving average of $1.10. Fuel Tech has a 12 month low of $0.96 and a 12 month high of $1.48.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. HC Wainwright reaffirmed a “buy” rating and set a $4.00 target price on shares of Fuel Tech in a report on Wednesday, March 13th. StockNews.com started coverage on shares of Fuel Tech in a research note on Thursday. They set 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.