Factors Likely to Have Influenced Earnings Results Fuel Tech (NASDAQ:FTEK)

Earnings results for Fuel Tech (NASDAQ:FTEK)

Fuel Tech, Inc. is expected* to report earnings on 11/10/2020 after market close. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.05. The reported EPS for the same quarter last year was $-0.04.

Fuel Tech last posted its earnings results on August 11th, 2020. The industrial products company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.02. The business had revenue of $4.40 million for the quarter, compared to analyst estimates of $4.67 million. Fuel Tech has generated ($0.24) earnings per share over the last year. Fuel Tech has confirmed that its next quarterly earnings report will be published on Tuesday, November 10th, 2020.

Analyst Opinion on Fuel Tech (NASDAQ:FTEK)

1 Wall Street analysts have issued ratings and price targets for Fuel Tech in the last 12 months. There are currently 1 hold rating for the stock, resulting in a consensus rating of “Hold.”

There is not enough analysis data for Fuel Tech.

Dividend Strength: Fuel Tech (NASDAQ:FTEK)

Fuel Tech does not currently pay a dividend. Fuel Tech does not have a long track record of dividend growth.

Insiders buying/selling: Fuel Tech (NASDAQ:FTEK)

In the past three months, Fuel Tech insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $21,687.00 in company stock and sold $0.00 in company stock. Only 15.00% of the stock of Fuel Tech is held by insiders. Only 23.62% of the stock of Fuel Tech is held by institutions.

Earnings and Valuation of Fuel Tech (NASDAQ:FTEK

The P/E ratio of Fuel Tech is -1.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Fuel Tech is -1.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Fuel Tech has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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