Fuel Tech Q2 2024 GAAP EPS $(0.01) Beats $(0.02) Estimate, Sales $7.042M Beat $5.810M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fuel Tech (NASDAQ:FTEK) reported Q2 2024 GAAP EPS of $(0.01), beating the $(0.02) estimate, and sales of $7.042M, surpassing the $5.810M estimate. This represents a significant improvement over the same period last year.
August 06, 2024 | 9:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Fuel Tech reported better-than-expected Q2 2024 results with GAAP EPS of $(0.01) beating the $(0.02) estimate and sales of $7.042M surpassing the $5.810M estimate. This indicates a significant improvement over the same period last year.
Fuel Tech's better-than-expected earnings and sales figures for Q2 2024, along with significant year-over-year improvements, are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100