Fuel Tech Q3 EPS $0.01, Same YoY, Sales $7.99M Beat $7.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fuel Tech (NASDAQ:FTEK) reported Q3 earnings of $0.01 per share, unchanged YoY. The company's quarterly sales were $7.99 million, beating the analyst consensus estimate of $7.71 million by 3.61%, but representing a 0.36% decrease over sales of $8.02 million the same period last year.
November 07, 2023 | 10:36 pm
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Fuel Tech's Q3 earnings were steady YoY, and sales beat estimates but decreased slightly from last year.
Fuel Tech's earnings remained the same YoY, indicating stability. However, despite beating estimates, the slight decrease in sales from last year could be a concern for investors, potentially impacting the stock's performance.
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