FuelCell Energy (NASDAQ:FCEL) reported its Q1 earnings results on Thursday, March 10, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
FuelCell Energy beat estimated earnings by 20.0%, reporting an EPS of $-0.04 versus an estimate of $-0.05.
Revenue was up $16.92 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 4.31% increase in the share price the next day.
Here's a look at FuelCell Energy's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.04 | -0.05 | -0.05 | -0.04 |
| EPS Actual | -0.07 | -0.04 | -0.06 | -0.06 |
| Revenue Estimate | 21.86M | 20.69M | 18.86M | 22.11M |
| Revenue Actual | 13.94M | 26.82M | 13.95M | 14.88M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
