FCEL) announces its next round of earnings this Thursday, September 10. Here is Benzinga’s everything-that-matters guide for this Thursday’s Q3 earnings announcement.
Earnings and Revenue
Analysts are expecting FuelCell Energy to report a loss of $0.06 per share. Revenue will likely be around $16.05 million, according to the consensus estimate. In the same quarter last year, FuelCell Energy posted a loss of $0.18 per share on sales of $22.71 million. If the company were to report inline earnings when it publishes results Thursday, earnings would be up 66.67%. Here’s how the company’s reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.08 | -0.11 | -0.13 |
| EPS Actual | -0.07 | -0.20 | -0.12 | -0.18 |
| Revenue Estimate | 15.55 M | 14.91 M | 11.51 M | 11.32 M |
| Revenue Actual | 18.88 M | 16.26 M | 11.04 M | 22.71 M |
Stock Performance
Over the last 52-week period, shares are up 613.74%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
View more earnings on FCEL” data-reactid=”23″>View more earnings on FCEL
https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=&eventid=2393577&sessionid=1&key=BC71DC21D9B706EE2532A27FAB1F47CF&regTag=&sourcepage=register” data-reactid=”24″>Don’t be surprised to see the stock move on comments made during its conference call. FuelCell Energy is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=&eventid=2393577&sessionid=1&key=BC71DC21D9B706EE2532A27FAB1F47CF®Tag=&sourcepage=register
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