FuelCell Energy Inc. Fourth Quarter Earnings Sneak Peek

FuelCell Energy Inc. (NASDAQ:FCEL) will unveil its latest earnings on December 12, 2011. Fuelcell Energy is engaged in the development and production of stationary fuel cells for commercial, industrial, government and utility customers.

FuelCell Energy Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 7 cents per share, a narrower loss from the year earlier quarter net loss of 11 cents. During the past three months, the average estimate has moved up from a loss of 8 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at a loss of 7 cents during the last month.

Past Earnings Performance: Last quarter, the company beat estimates by 2 cents, coming in at a loss of 7 cents a share versus the estimate of net loss of 9 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 66.9% in revenue from the year-earlier quarter to $32.9 million.

Analyst Ratings: Analysts are bullish on this stock with four analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

A Look Back: In the third quarter, the company’s loss narrowed to a loss of $7.8 million (7 cents a share) from a loss of $12.4 million (15 cents) a year earlier, beating analyst expectations. Revenue rose 65.1% to $31.2 million from $18.9 million.

Key Stats:

Revenue has gone up for three straight quarters. It rose 72.5% in the second quarter from the year earlier and 92.1% in the first quarter.

Competitors to Watch: Plug Power Inc. (PLUGD), Ballard Power Systems Inc. (NASDAQ:BLDP), Hoku Corporation (NASDAQ:HOKU), Energy Conversion Devices, Inc. (NASDAQ:ENER), Ascent Solar Tech., Inc. (NASDAQ:ASTI), First Solar, Inc. (NASDAQ:FSLR), Evergreen Solar, Inc. (NASDAQ:ESLR), DayStar Technologies Inc. (NASDAQ:DSTI), SunPower Corporation (NASDAQ:SPWRA), and ZBB Energy Corporation (NYSE:ZBB).

Stock Price Performance: During September 12, 2011 to December 6, 2011, the stock price had fallen 26 cents (-21.8%) from $1.19 to 93 cents. The stock price saw one of its best stretches over the last year between December 20, 2010 and December 31, 2010 when shares rose for nine-straight days, rising 23.5% (+44 cents) over that span. It saw one of its worst periods between November 11, 2011 and November 21, 2011 when shares fell for seven-straight days, falling 15.7% (-16 cents) over that span. Shares are down $1.38 (-59.7%) year to date.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

 

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