Earnings Preview: Fuel Tech
Portfolio Pulse from Benzinga Insights
Fuel Tech (NASDAQ:FTEK) is scheduled to release its quarterly earnings report on March 11, 2024, with analysts expecting an EPS of $-0.03. The company's past performance shows a mix of earnings beats and misses, with share price reactions varying accordingly. Shares are currently trading at $1.14, down 8.73% over the last year. Investors will be keenly watching for not just the earnings outcome but also the company's guidance for future growth.
March 08, 2024 | 3:01 pm
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Fuel Tech is expected to report an EPS of $-0.03 for the latest quarter, with historical performance showing mixed results. The stock is currently down 8.73% over the last year, indicating potential volatility around the earnings announcement.
Given Fuel Tech's mixed historical earnings performance and the current negative year-to-date return, the upcoming earnings report could have a neutral to slightly positive impact if the company beats estimates and provides positive guidance. However, the stock's recent performance suggests investor sentiment is cautious, making the direction of the short-term impact uncertain.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100