Earnings Outlook For Fuel Tech
Portfolio Pulse from Benzinga Insights
Fuel Tech (NASDAQ:FTEK) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $0.00. The company's past performance shows a pattern of share price changes following earnings reports. Last quarter, the company missed EPS by $0.01, resulting in a 4.07% drop in share price. Over the last 52-week period, shares are down 19.84%.
November 06, 2023 | 7:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Fuel Tech's upcoming earnings report could potentially impact its share price, as seen in past quarters. The company's shares have been on a downward trend over the past year.
Fuel Tech's share price has historically been affected by its earnings reports. Last quarter, the company missed its EPS estimate, which led to a 4.07% drop in share price. Given this pattern and the overall downward trend of the stock over the past year, it's likely that the upcoming earnings report could have a negative impact on the share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100