FuelCell Energy Reports Second Quarter 2016 Financial Results and Business Update
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Roth Affirms FuelCell (FCEL) at 'Buy' Following Q2 Results; ITC Remediation Becoming Increasingly Important
June 10, 2016 8:35 AM EDTRoth Capital affirms FuelCell Energy (Nasdaq: FCEL) with a Buy rating and $12 price target after the company announced Q2 results early Thursday.
Analyst Craig Irwin commented, [FuelCell Energy] missed F2Q16 results with revenue ($6m) below, OPEX $1.8m above, and various minor... More
FBR Capital Remains Bullish on FuelCell Energy (FCEL) Following 2Q
June 10, 2016 7:20 AM EDTFBR Capital maintained an Outperform rating and $9.00 price target on FuelCell Energy (NASDAQ: FCEL) following the company's 2Q earnings report. Revenue of $28.6M missed consensus' expectations on weak product sales. The company cut FY16 guidance, from $170M$210M, to $140M $170M.
Analyst Carter Driscoll commented, "We are more cautious, near term, as project awards are slower to materialize, but we... More
FuelCell Energy (FCEL) Misses Q2 EPS Views
June 9, 2016 9:21 AM EDTFuelCell Energy (Nasdaq: FCEL) reported Q2 EPS of ($0.56), which was $0.16 worse than the analyst estimate of ($0.40). Revenue for the quarter came in at $28.6 million versus the consensus estimate of $35.02 million.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the second quarter of 2016 totaled... More
