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

Fuel Tech (NASDAQ:FTEK) will be issuing its quarterly earnings data after the market closes on Tuesday, August 6th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Fuel Tech (NASDAQ:FTEK) last issued its earnings results on Tuesday, May 7th. The industrial products company reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. The company had revenue of $4.96 million for the quarter, compared to analysts’ expectations of $6.73 million. Fuel Tech had a negative net margin of 3.41% and a negative return on equity of 1.92%. 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 Price Performance

NASDAQ:FTEK remained flat at $1.02 during trading hours on Tuesday. 18,105 shares of the company were exchanged, compared to its average volume of 63,769. The firm’s 50-day moving average price is $1.08 and its 200-day moving average price is $1.12. Fuel Tech has a one year low of $0.96 and a one year high of $1.34.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on FTEK. StockNews.com began coverage on shares of Fuel Tech in a research report on Monday. They issued a “hold” rating on the stock. HC Wainwright restated a “buy” rating and issued a $4.00 price objective on shares of Fuel Tech in a research report on Thursday, May 9th.

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.