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. (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) 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.
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.
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) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
After a strong run for some energy stocks in the fall, the rally fell flat this week with many nuclear and renewable energy stocks dropping.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
The mean of analysts' price targets for FuelCell Energy (FCEL) points to a 176.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
FuelCell Energy's stock extend rocket-like bounce after restructuring plan announced that includes a 17% workforce reduction.
The heavy selling pressure might have exhausted for FuelCell Energy (FCEL) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.