Fuel-Tech Readies For Earnings (FTEK)

On Wednesday we’ll get to see earnings out of Fuel-Tech, Inc. (NASDAQ: FTEK). The estimates for the combustion engineering solutions provider (cleaner coal) from First Call are $0.17 EPS and $28.04 million in revenues. Next quarter estimates are $0.12 EPS and $25.39 million in revenues. Estimates for fiscal 2008 are $0.55 EPS on $107.87 million in revenues. As there were discrepancies and as many analysts have changed targets on this one ahead of earnings, we’ll make an update on any key changes before the earnings release. Analysts have an average price target north of $31.00, still some 50% north of…
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Original Source

  1 March, 2008| Economy | @ 13:23

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