Shares of FuelCell Energy FCEL decreased 8.5% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 70.00% year over year to ($0.06), which missed the estimate of ($0.04).
Revenue of $14,877,000 decreased by 8.53% year over year, which missed the estimate of $22,110,000.
Looking Ahead
FuelCell Energy hasn't issued any earnings guidance for the time being.
FuelCell Energy hasn't issued any revenue guidance for the time being.
See also: Best Alternative Fuel Stocks
Conference Call Details
Date: Mar 16, 2021
Time: 10:00 AM
Technicals
Company's 52-week high was at $29.44
52-week low: $1.00
Price action over last quarter: down 14.07%
Company Profile
FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products, which efficiently convert chemical energy in fuels into electricity through a series of chemical reactions. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea.
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