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FuelCell Energy Inc. (FCEL) reported Loss for fourth quarter that missed the Street estimates.


RTTNews | Dec 29, 2021 08:07AM EST

08:07 Wednesday, December 29, 2021 (RTTNews.com) - FuelCell Energy Inc. (FCEL) reported Loss for fourth quarter that missed the Street estimates.

The company's bottom line totaled -$24.98 million, or -$0.07 per share. This compares with -$19.66 million, or -$0.08 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn -$0.04 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 18.0% to $13.94 million from $17.00 million last year.

FuelCell Energy Inc. earnings at a glance:

-Earnings (Q4): -$24.98 Mln. vs. -$19.66 Mln. last year.-EPS (Q4): -$0.07 vs. -$0.08 last year.-Analyst Estimates: -$0.04-Revenue (Q4): $13.94 Mln vs. $17.00 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3251885/fuelcell-energy-inc-q4-loss-misses-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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