FuelCell Energy: Q2 Earnings Insights

Shares of FuelCell Energy FCEL fell 2.3% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 14.29% over the past year to ($0.06), which missed the estimate of ($0.05).

Revenue of $13,953,000 declined by 26.10% from the same period last year, which missed the estimate of $18,860,000.

Guidance

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

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

Details Of The Call

Date: Jun 10, 2021

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=&eventid=3081612&sessionid=1&key=4EDB0D1033136E80DD316A7EAC1F4CE7&regTag=&V2=false&sourcepage=register

Recent Stock Performance

52-week high: $29.44

Company's 52-week low was at $1.58

Price action over last quarter: down 29.85%

Company Overview

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.