FuelCell Energy: Q3 Earnings Insights

FuelCell Energy: Q3 Earnings Insights

 

FuelCell Energy FCEL reported its Q3 earnings results on Thursday, September 8, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

FuelCell Energy missed estimated earnings by 33.33%, reporting an EPS of $-0.08 versus an estimate of $-0.06.

Revenue was up $16.28 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 1.05% drop in the share price the next day.

Here's a look at FuelCell Energy's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.05 -0.05 -0.04 -0.05
EPS Actual -0.08 -0.04 -0.07 -0.04
Revenue Estimate 32.58M 26.73M 21.86M 20.69M
Revenue Actual 16.38M 31.80M 13.94M 26.82M

To track all earnings releases for FuelCell Energy visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings