FuelCell Energy Releases 2024 Annual and Sustainability Reports
DANBURY, Conn., Feb. 20, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has released its 2024 Annual Report and 2024 Sustainability Report. The publications include information and analysis on the company's business performance in fiscal year 2024 and its progress against its sustainability goals.
FuelCell is Trading Below 50 and 200 Day SMA: How to Play the Stock?
FCEL's rising backlog and development of advanced technology for clean energy are promising. Yet, losses in the near term and lower returns than the industry offset the positives.
FuelCell Energy Announces $160 Million Contract to Support Hartford Area Grid
DANBURY, Conn., Jan. 22, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a Connecticut-based global leader in delivering clean, innovative fuel cell solutions for the supply, recovery, and storage of energy, announced that it will build a 7.4 MW fuel cell power plant in Hartford, Conn. The project will deliver Class 1 renewable baseload power to the local grid in support of the state's Renewable Portfolio Standard.
FuelCell Energy Lags Industry in a Month: How to Play the Stock?
FCEL's rising backlog and development of advanced technology to develop clean energy are promising. Yet, expected near-term losses and lower returns than industry offset the positives.
FuelCell Energy: Sell On Persistent Lack Of A Viable Business Model
FuelCell Energy reported mixed Q4/FY2024 results with a disappointing gross margin performance somewhat offset by positive cash flow from operations. Common shareholder dilution from open market sales continued unabatedly. Due to weak near-term business prospects, management has decided to reduce investments and lower operating expenses.
FuelCell Energy Falters: Will Restructuring Spark a Comeback?
FuelCell Energy's NASDAQ: FCEL FQ4 2024 report had plenty of positive details, but the net result was not good. The company struggles to gain traction, losses continue to mount, and short interest grows, likely pushing the market lower.
FuelCell Energy, Inc. (FCEL) Q4 2024 Earnings Call Transcript
FuelCell Energy, Inc. (NASDAQ:FCEL ) Q4 2024 Earnings Conference Call December 19, 2024 10:00 AM ET Company Participants Tom Gelston - Investor Relations Jason Few - President & Chief Executive Officer Mike Bishop - Executive Vice President, Chief Financial Officer & Treasurer Conference Call Participants George Gianarikas - Canaccord Genuity Saumya Jain - UBS Noel Parks - Tuohy Brothers Dushyant Ailani - Jefferies Operator Good morning, ladies and gentlemen, and thank you for standing by. My name is Abby, and I will be your conference operator today.
FuelCell Energy (FCEL) Reports Q4 Loss, Tops Revenue Estimates
FuelCell Energy (FCEL) came out with a quarterly loss of $2.10 per share versus the Zacks Consensus Estimate of a loss of $1.64. This compares to loss of $2.10 per share a year ago.
FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2024 Results
Fourth Quarter Fiscal 2024 Summary (All comparisons are year-over-year unless otherwise noted) Revenue of $49.3 million, compared to $22.5 million Gross loss of $(10.9) million compared to $(1.5) million Loss from operations of $(41.0) million compared with $(36.4) million Net loss per share was $(2.21) compared with $(2.07) Fiscal Year 2024 Summary (All comparisons are year-over-year unless otherwise noted) Revenue of $112.1 million, compared to $123.4 million Gross loss of $(35.9) million compared to $(10.5) million Loss from operations of $(158.5) million compared with $(136.1) million Net loss per share was $(7.83) compared with $(7.92) DANBURY, Conn., Dec. 19, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) today reported financial results for its fourth quarter and fiscal year ended October 31, 2024.
Wall Street Analysts See a 146.03% Upside in FuelCell Energy (FCEL): Can the Stock Really Move This High?
The consensus price target hints at a 146% upside potential for FuelCell Energy (FCEL). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Why FuelCell Energy Stock Popped a Lucky 7%
FuelCell Energy (FCEL 6.70%) stock jumped 7% through 11:10 a.m. ET Wednesday on what appears to be rather ho-hum news.
FuelCell Energy (FCEL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
FuelCell Energy (FCEL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
