FuelCell Energy (FCEL) Gains As Market Dips: What You Should Know
FuelCell Energy (FCEL) closed at $6.24 in the latest trading session, marking a +0.48% move from the prior day. This move outpaced the S&P 500's daily loss of 0.14%. Heading into today, shares of the fuel cell power plant maker had lost 1.9% over the past month, lagging the Oils-Energy sector's gain of 0.71% and the S&P 500's gain of 3.13% in that time. FCEL will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$0.05, up 28.57% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $21.19 million, up 13.14% from the year-ago period. FCEL's full-year Zacks Consensus Estimates are calling for earnings of -$0.29 per share and revenue of $73.01 million. These results would represent year-over-year changes of +30.95% and +3.01%, respectively. Any recent changes to analyst estimates for FCEL should also be noted by investors. Recent revisions tend to reflect t