FuelCell Energy Reports Third Quarter 2016 Financial Results and Business Update

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FBR Likes Near-Term Catalysts for FuelCell Energy (FCEL); Affirms at 'Outperform'

September 9, 2016 6:43 AM EDT

FBR & Co. affirms FuelCell Energy (Nasdaq: FCEL) with an Outperform rating and $9 price target after the company reported Q3 results earlier this week.

Analyst Carter Driscoll commented today, Despite weak F3Q16 revenue, which we believe reflects a timing issue, multiple projects should be monetized in F4Q, as FCEL maintained... More

FuelCell Energy (FCEL) Tops Q3 EPS by 1c

September 8, 2016 6:15 AM EDT

FuelCell Energy (Nasdaq: FCEL) reported Q3 EPS of ($0.38), $0.01 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $21.7 million versus the consensus estimate of $32.28 million.

Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the third quarter of 2016 totaled... More