FuelCell Energy: Q3 Earnings Insights

Shares of FuelCell Energy FCEL decreased 7% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 61.11% year over year to ($0.07), which missed the estimate of ($0.06).

Revenue of $18,728,000 declined by 17.54% year over year, which beat the estimate of $16,050,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

FuelCell Energy hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Sep 10, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=&eventid=2393577&sessionid=1&key=BC71DC21D9B706EE2532A27FAB1F47CF&regTag=&sourcepage=register

Price Action

52-week high: $3.50

52-week low: $0.23

Price action over last quarter: Up 3.15%

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.